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Isaac Schwartz Purchases Retail Asset From US Alliance Federal Credit Union For $425,000 In Woodbourne NY

Property Image
SOLD
$425,000
David Townes
Alana Friedman

New York

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Retail1,632 SF
Sold 12/19/2025
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Property Image
SOLD

Isaac Schwartz Purchases Retail Asset From US Alliance Federal Credit Union For $425,000 In Woodbourne NY

390 New York Highway 52

See Similar Deals
Retail1,632 SF
Sold 12/19/2025
David Townes
Alana Friedman
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$260
Total Square Footage:1,632 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 390 New York Highway 52, Woodbourne, NY. The sale price for this property was $425,000, encompassing a total square footage of 1,632, resulting in a price per square foot of $260.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $425,000
  • Address: 390 New York Highway 52
  • Market: Woodbourne, NY
  • Square Footage: 1,632
  • Price per Square Foot: $260
  • Buyer: Isaac Schwartz
  • Seller: US Alliance Federal Credit Union
  • Brokers: David Townes & Alana Friedman - JLL

David Townes and Alana Friedman represented US Alliance Federal Credit Union in the sale. They successfully procured multiple competitive offers through a comprehensive marketing process, leading to the effective disposal of the property.

Players

David Townes
JLL
David Townes
15 deals$7.1M volume(973) 829-4800
BROKER
Alana Friedman
JLL
Alana Friedman
12 deals$7.1M volume(201) 741-0990
BROKER
JLL
JLL
BROKERAGE

Details

SOLD
IMAGE: David Townes & Alana Friedman DATE: 12/19/2025 ADDRESS: 390 New York Highway 52 MARKET: Woodbourne, NY ASSET TYPE: Retail BUYER: Isaac Schwartz SELLER: US Alliance Federal Credit Union BROKERS: David Townes (@TheRetailBrokers) & Alana Friedman (@Lanigram) - JLL (@JLL) SALE PRICE: $425,000 SF: 1,632 ~ PPSF: $260 NOTE FROM BROKER: Townes & Friedman procured multiple competitive offers during a thorough marketing process and ultimately helped their client US Alliance FCU dispose of the property successfully.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$22,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,509.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,014.72
Annual Debt Service$24,176.60