Sam's Club Occupies Retail Building At 333 Saw Mill River Road Elmsford Sold By Ripco Brokers
SOLD
New York
See Similar DealsRetail114,113 SF
Sold 08/22/2024
SOLD
Sam's Club Occupies Retail Building At 333 Saw Mill River Road Elmsford Sold By Ripco Brokers
333 Saw Mill River Road
See Similar DealsRetail114,113 SF
Sold 08/22/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$438
Total Square Footage:114,113 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,666,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$177,639.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$237,025.51
Annual Debt Service$2,844,306.11
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