Sigma Business Acquires Gas Station & Car Wash In Bohemia For $2.9M
4740 Sunrise Highway, Bohemia, New York 11716, United States
$2,900,000
$322/SF
Building Size
9,000 SF
Asset Type
Retail
Closing
Dec 31, 2021
About this deal
AI
A gas station and car wash located at 4740 Sunrise Hwy in Bohemia has been sold for a price of $2,900,000. The property spans 9,000 square feet, resulting in a price per square foot of $322. The transaction took place on December 31, 2021.
Summary of transaction details:
- Property Type: Gas Station & Car Wash
- Transaction Amount: $2,900,000
- Address: 4740 Sunrise Hwy
- Market: Bohemia
The buyer of the property is Sigma Business. The seller's information is not available. The deal was brokered by Michael Gronenthal & Michael Murphy from urfCommercialRE- Douglas Elliman.
Players
Bohemia 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93