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60 High Street

Jacob Baruch And Daniel Baruch Of Legacy Realty Group Advisors Represent Buyer In $4.1M Carthage Retail Sale
SOLDRetail

Jacob Baruch And Daniel Baruch Of Legacy Realty Group Advisors Represent Buyer In $4.1M Carthage Retail Sale

60 High Street

$4,100,000

$77/SF

Building Size

52,831 SF

Asset Type

Retail

Closing

May 7, 2026

AI

The property asset involved in the transaction is a retail shopping center located at 60-66 High Street in Carthage. The sale price for this 52,831-square-foot grocery-anchored shopping center was $4,100,000, translating to a price per square foot of $78. At the time of closing, the property was 90% leased.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,100,000
  • Square Footage: 52,831
  • Address: 60-66 High Street
  • Market: Carthage
  • Price per Square Foot: $78

Jacob Baruch and Daniel Baruch represented the buyer, Legacy Realty Group Advisors, while the seller was represented by Bruce Ginsburg and Peter VanBortel from IKON Realty Group. Legacy Realty Group successfully negotiated this transaction, highlighting their role in facilitating the sale of Price Chopper Plaza.

Players

Jacob Baruch

Legacy Realty Group Advisors

Broker

$551.8M

vol

39 deals

Broker

Brooklyn 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93