Retail Property In Woodbury Sells For $5.3M By Buyer Adam Mann And Seller Dugan Poultry Farm
8027 Jericho Turnpike
$5,275,000
$337/SF
Building Size
15,650 SF
Asset Type
Retail
Closing
Feb 27, 2023
About this deal
AI
The retail property located at 8027 Jericho Turnpike in Woodbury has been sold in a transaction worth $5,275,000. The property spans 15,650 square feet, resulting in a price per square foot of $337.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,275,000
- Square Footage: 15,650
- Price per Square Foot: $337
- Address: 8027 Jericho Turnpike, Woodbury
The buyer of the property is Adam Mann, while the seller is Dugan Poultry Farm, represented by Tim Rummell. The transaction was facilitated by brokers Anthony Ciafardoni and Adam Silber from Silber Investment Properties.
On the Map
$5,275,000
$337/SF
Retail
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Players
Market 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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93