Sam's Club Occupies Retail Building At 333 Saw Mill River Road Elmsford Sold By Ripco Brokers
333 Saw Mill River Road
$50,000,000
$438/SF
Building Size
114,113 SF
Asset Type
Retail
Closing
Aug 22, 2024
AI
The sale involves a retail property located at 333 Saw Mill River Road in Elmsford, featuring a total square footage of 114,113. The asset sits on a 12.76-acre lot and is currently occupied by Sam's Club.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Square Footage: 114,113
- Address: 333 Saw Mill River Road
- Market: Elmsford
The transaction was coordinated by brokers Stephen R. Preuss Sr., Ari Ravi, and Kevin Louie from Ripco. The sale was successfully executed in less than four months from the time it went to market, highlighting the efficiency of the cross-office team involved.
Players
Elmsford 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93