Transit Hill Plaza Sold For $2M In Depew Retail Deal
6348 Transit Road Depew, New York 14043, USA
$2,000,000
$95/SF
Building Size
21,000 SF
Asset Type
Retail
Closing
Jul 11, 2023
About this deal
AI
Transit Hill Plaza, located at 6348 Transit Road in Depew, has been sold for $2 million. The retail property spans 21,000 square feet with a price per square foot of $95.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,000,000
- Square Footage: 21,000
- Price Per Square Foot: $95
- Market: Depew
The property was sold by NMF Rentals to a Williamsville LLC managed by Harpreet Singh.
The retail sale at 6348 Transit Road Depew, New York 14043, USA in Depew, New York sold for $2M in 2023. The building is 21,000 square feet, implying about 95 per square foot on the published price. This page is the Depew, New York file for the 6348 Transit Road Depew, New York 14043, USA retail sold: pricing, party profiles, and other closed retail comps from the same Depew sit in the Market section below. Filter that Depew retail set by closing date to see what else sold near 6348 Transit Road Depew, New York 14043, USA around 2023. Published consideration for 6348 Transit Road Depew, New York 14043, USA is $2M, dated 2023. Cite this Transit Hill Plaza Sold For $2M In Depew Retail Deal sale when underwriting similar retail product around Depew, New York.
Players
Depew 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93