Al Ahmed & Adam Musa Purchase Retail Service Station In Chappaqua NY For $2.5M
25 State Highway 117
$2,500,000
$694/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Oct 29, 2025
AI
The property asset involved in this transaction is a retail space located at 25 S Bedford Rd. in Chappaqua, NY. The transaction closed at a sale price of $2,500,000, encompassing 3,600 square feet, resulting in a price per square foot of $694.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,500,000
- Square Footage: 3,600
- Price Per Square Foot: $694
- Buyer: Al Ahmed & Adam Musa
- Seller: Larry Milton
- Broker: Michael Keating - Capstone Commercial
- Market: Chappaqua, NY
Capstone Commercial represented the buyer, Al Ahmed & Adam Musa, in this off-market transaction, which included both the real estate and the existing operations of the retail/service station component. Capstone Commercial operates nationwide, with primary offices in New York and Florida, focusing on off-market opportunities across various sectors.
Players
Mount Kisco Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93