facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Sale

/

62 Main Street, Tarrytown, ...

Wilder Balther Partners Acquires Retail Property In Tarrytown For $6.45M
SOLDRetail

Wilder Balther Partners Acquires Retail Property In Tarrytown For $6.45M

62 Main Street, Tarrytown, NY, USA

$6,450,000

$155/SF

Building Size

41,537 SF

Asset Type

Retail

Closing

Mar 30, 2021

AI

Located at 62 Main St. in Tarrytown, this retail property was recently sold for a total price of $6,450,000. The transaction took place on March 31, 2021. Spanning across 41,537 square feet, the property boasts a sale price per square foot of $155. The buyer, William Balther, represented by Wilder Balther Partners Inc., acquired the property from the seller, Gerry Riera, who represented the Family YMCA of Tarrytown. The deal was facilitated by brokers John Barrett and Katelin Van Voorhis from RM Friedland.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,450,000
  • Address: 62 Main St., Tarrytown
  • Market: Tarrytown

This noteworthy transaction saw William Balther of Wilder Balther Partners Inc. purchase the retail property located at 62 Main St. in Tarrytown. Gerry Riera represented the Family YMCA of Tarrytown as the seller. John Barrett and Katelin Van Voorhis, brokers from RM Friedland, played a crucial role in facilitating the deal.

Players

John Barrett

RM Friedland

Broker

$38.3M

vol

4 deals

Broker

Tarrytown 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

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93