Daily limit: 0/10
Anthos 300 Route LLC & Anthos 61 Smith LLC Acquire Retail Properties In Nanuet For $7.6M
SOLD
$7,600,000
New York
See Similar DealsRetail
Sold 08/18/2024
SOLD
Anthos 300 Route LLC & Anthos 61 Smith LLC Acquire Retail Properties In Nanuet For $7.6M
300 New York Highway 59 & 61 Smith Street
See Similar DealsRetail
Sold 08/18/2024
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Sale
Two retail properties located at 300 New York Highway 59 and 61 Smith Street in Nanuet were sold for a total price of $7,600,000. The property at 300 New York Highway 59 was sold for $5.3 million, while the property at 61 Smith Street fetched $2.3 million.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,600,000
- Buyer: Anthos 300 Route LLC & Anthos 61 Smith LLC
- Seller: Tara Bay Holding Corporation & Early Bird Realty LLC
- Broker: Donny Moskovic - Katz & Associates
The buyers, Anthos 300 Route LLC and Anthos 61 Smith LLC, are affiliated entities based in Nanuet, while the sellers, Tara Bay Holding Corporation and Early Bird Realty LLC, are based in Boca Raton.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$405,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,001.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,027.88
Annual Debt Service$432,334.53
Is there something missing? Send suggestions