SOLDRetail
184 Birch Hill LLC Acquires Retail Property In Locust Valley For $10.42M From Red Apple Group
200 Birch Hill Rd, Locust Valley, NY 11560, USA
Building Size
—
Asset Type
Retail
Closing
Aug 16, 2017
About this deal
AI
The retail property located at 200 Birch Hill Rd in Locust Valley, New York was sold in a closed transaction. The property was sold for a price of $10,420,000. The seller of the property was Red Apple Group, while the buyer was 184 Birch Hill LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,420,000
- Address: 200 Birch Hill Rd, Locust Valley, New York
- Seller: Red Apple Group
- Buyer: 184 Birch Hill LLC
The deal was facilitated by the respective representatives of the seller and buyer.
Players
RG
Red Apple GroupSeller
Locust Valley Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93