facebook
Traded Co logo
Submit

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

Property Image
SOLD
$6,450,000

New York

See Similar Deals
Retail41,537 SF
Sold 03/31/2021
the dealplayerscompscontact
Property Image
SOLD

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

62 Main Street, Tarrytown, NY, USA

See Similar Deals
Retail41,537 SF
Sold 03/31/2021
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$155
Total Square Footage:41,537 SF
Transaction Type:Sale

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
4 deals$38.3M volume
BROKER

Katelin Van Voorhis
RM Friedland
2 deals$6.5M volume
BROKER

Details

SOLD
IMAGE: John Barrett & Katelin Van Voorhis DATE: 03/31/2021 ADDRESS: 62 Main St. MARKET: Tarrytown ASSET TYPE: Retail BUYER: William Balther - Wilder Balther Partners Inc. SELLER: Gerry Riera - Family YMCA Of Tarrytown BROKERS: John Barrett & Katelin Van Voorhis - RM Friedland SALE PRICE: $6,450,000 SF: 41,537 ~ PPSF: $155

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$343,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,915.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,576.29
Annual Debt Service$366,915.49