Ben Medetsky Acquires Retail Property In Spencerport, NY For $3.8M
27 Slayton Avenue
$3,800,000
$38/SF
Building Size
99,306 SF
Asset Type
Retail
Closing
Mar 1, 2023
About this deal
AI
A retail property located at 27 Slayton Ave, Spencerport, NY in the Rochester market has been sold for $3,800,000. The property spans a total area of 99,306 square feet, resulting in a price per square foot of $38. The transaction took place on March 1, 2023.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,800,000
- Address: 27 Slayton Ave, Spencerport, NY
- Market: Rochester
- Square Footage: 99,306
- Price Per Square Foot: $38
The buyer of the property is Ben Medetsky, while the seller is Martha Spenzer. The deal was facilitated by Max Yardeni, Daniel Baruch, and Jacob Baruch from Legacy Realty Group Advisors.
Players
Village of Spencerport 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93