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
About this deal
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.
On the Map
$4,700,000
$1,382/SF
Retail
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Players
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