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35 Westchester Road

Atlas Realty Group Partners LLC Sells Retail Property In Westchester Village For $4.7M
SOLDRetail

Atlas Realty Group Partners LLC Sells Retail Property In Westchester Village For $4.7M

35 Westchester Road

$4,700,000

$1,382/SF

Building Size

3,400 SF

Asset Type

Retail

Closing

May 5, 2022

AI

The retail property located at 35 Westchester Square in Westchester Village has been sold for a price of $4,700,000. The property spans approximately 3,400 square feet, resulting in a price per square foot of $1,382. The transaction took place on May 5, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,700,000
  • Address: 35 Westchester Square
  • Market: Westchester Village

The seller of the property was the Adjmi Family. The deal was facilitated by the brokers Shlomo Antebi, Yosef Katz, Erik Yankelovich, and Natan Safdieh of Atlas Realty Group Partners LLC.

Players

Natan Safdieh

Atlas Realty Group

Broker

$113.5M

vol

22 deals

Broker

Adjmi Family

Seller

$239.7M

vol

4 deals

Seller

New York 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

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93