SOLDRetail
Market Square Plaza Acquires Retail Property In Bloomingburg For $2.1M
63 Main Street
$2,100,000
$26/SF
Building Size
80,586 SF
Asset Type
Retail
Closing
Nov 7, 2022
About this deal
AI
A retail property located at 63 Main Street in Bloomingburg has been sold for $2,100,000. The property spans 80,586 square feet, resulting in a price per square foot of $26.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,100,000
- Address: 63 Main Street, Bloomingburg
- Market: Bloomingburg
- Buyer: Market Square Plaza - Zev Smilowitz
- Seller: Akshar Enterprises
- Square Footage: 80,586
- Price per Square Foot: $26
Zev Smilowitz, representing Market Square Plaza, acquired the retail property from Akshar Enterprises in this transaction.
Players
Bloomingburg 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93