A Retail Property On 95 Fulton St. In Nassau County Sold For $11.3M
SOLD
$11,300,000
New York
See Similar DealsRetail32,150 SF
Sold
SOLD
A Retail Property On 95 Fulton St. In Nassau County Sold For $11.3M
95 Fulton Street, New York City, New York 10038, United States
See Similar DealsRetail32,150 SF
Sold
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$351
Total Square Footage:32150 SF
Transaction Type:Sale
The retail asset located at 95 Fulton St., Nassau County, has been sold for $11,300,000. The property spans 32,150 square feet, resulting in a price per square foot of $351.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,300,000
- Address: 95 Fulton St.
- Market: Nassau County
- Square Footage: 32,150
- Price Per Square Foot: $351
- Seller: Denis Rodger
- Broker Representatives: Michael Florey & Melissa Naeder - Cushman & Wakefield
This transaction highlights the involvement of brokers Michael Florey and Melissa Naeder from Cushman & Wakefield, who represented the seller, Denis Rodger, in the closing of this retail property deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$602,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,146.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,567.76
Annual Debt Service$642,813.18
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