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25 State Highway 117

Al Ahmed & Adam Musa Purchase Retail Service Station In Chappaqua NY For $2.5M
SOLDRetail

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

Michael Keating

Capstone Commercial

Broker

$18.2M

vol

6 deals

Broker
Capstone Commercial
Capstone CommercialBrokerage

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