Carpionato Realty Purchases Property At 589 Tuckahoe Rd Yonkers For $4.2M With Katz & Associates
589 Tuckahoe Rd, Yonkers, NY, 10710
$4,200,000
Building Size
—
Asset Type
Retail
Closing
Apr 28, 2021
About this deal
AI
A retail building located at 589 Tuckahoe Rd, Yonkers, NY 10710, was sold for $4,200,000. The property spans 1.7 acres and was previously occupied by 24 Hour Fitness. The market for this transaction is Yonkers, and the property has a square footage of 0.
Summary of transaction details:
- Property Type: Retail Building
- Transaction Amount: $4,200,000.00
- Address: 589 Tuckahoe Rd, Yonkers, NY 10710
- Market: Yonkers
- Seller: Unknown
- Buyer: Carpionato Realty
- Seller's Representatives: Brian Katz (Katz & Associates Real Estate Advisors), John Heretakis (Katz & Associates)
- Buyer's Representative: Tyler Lyman (True Commercial)
The transaction was facilitated by Brian Katz and John Heretakis representing the undisclosed seller. Carpionato Realty was represented by Tyler Lyman of True Commercial in this deal. Katz & Associates played a significant role in brokering the sale of the asset.
On the Map
$4,200,000
Retail
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Players
Yonkers 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93