Charles Scaturro Acquires Retail Property In Woodbury From Daniel Rabanipour For $6.8M
8225 Jericho Turnpike
$6,800,000
$1,545/SF
Building Size
4,400 SF
Asset Type
Retail
Closing
May 22, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 8225 Jericho Turnpike in Woodbury. The sale price of the asset was $6,800,000, and it has a square footage of 4,400, resulting in a price per square foot of $1,545.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,800,000
- Seller: Daniel Rabanipour
- Buyer's Name: Charles Scaturro
- Seller's Representative: Lin Pan - Lin Pan Realty Group
- Market: Woodbury
Key individuals in this transaction include the buyer, Charles Scaturro, who acquired the property from seller Daniel Rabanipour, with representation from Lin Pan of Lin Pan Realty Group. This transaction took place on May 22, 2026.
On the Map
$6,800,000
$1,545/SF
Retail
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Players
Woodbury 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93