Retail Property Sold In Cheektowaga For $1.7 Million With Brokers Jimmy Ventura Cade Kearn Armond Aivazyan Glen Kunofsky
SOLD
$1,700,000
+ 1
New York
See Similar DealsRetail2,809 SF
Sold 11/01/2024
SOLD
Retail Property Sold In Cheektowaga For $1.7 Million With Brokers Jimmy Ventura Cade Kearn Armond Aivazyan Glen Kunofsky
4199 Union Road
See Similar DealsRetail2,809 SF
Sold 11/01/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$605
Total Square Footage:2,809 SF
Transaction Type:Sale
The transaction involved a retail property located at 4199 Union Road in the Cheektowaga market. The sale price for the asset was $1,700,000, with a total square footage of 2,809, resulting in a price per square foot of $605.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 4199 Union Road
- Market: Cheektowaga
- Square Footage: 2,809
- Price per Square Foot: $605
The deal was represented by brokers Jimmy Ventura, Cade Kearn, Armond Aivazyan, and Glen Kunofsky from NNN Pro, showcasing their involvement in facilitating the transaction.
Players
BROKERAGE
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
Is there something missing? Send suggestions