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
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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