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1340 Us Route 19

Mitchell Kaplain Of K2 Purchases Industrial Asset From Bob Tronio For $1.9M In Holiday
SOLDIndustrial

Mitchell Kaplain Of K2 Purchases Industrial Asset From Bob Tronio For $1.9M In Holiday

1340 Us Route 19

$1,900,000

$253/SF

Building Size

7,500 SF

Asset Type

Industrial

Closing

Jun 24, 2025

AI

The transaction involved an industrial property located at 1340 US Route 19 in the Holiday market. The property spans 7,500 square feet and occupies a lot of 2.75 acres. The sale was completed for a price of $1,900,000, which translates to a price per square foot of $253 and a price per lot acre of $690,909.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,900,000
  • Address: 1340 US Route 19
  • Market: Holiday
  • Square Footage: 7,500
  • Lot Acres: 2.75
  • Price per Square Foot: $253
  • Price per Lot Acre: $690,909
  • Buyer: Mitchell Kaplain - K2
  • Seller: Bob Tronio
  • Buyer's Representative: Eli Sasson Bril - AXIOM Capital Advisors
  • Seller's Representatives: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors

The deal was facilitated by AXIOM Capital Advisors, with Eli Sasson Bril representing the buyer and Jose Sasson Lerner alongside Roberto Susi representing the seller. Their expertise is demonstrated in sourcing and facilitating off-market transactions for clients in the sector.

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$931.9M

vol

81 deals

Broker
AXIOM Capital Advisors
AXIOM Capital AdvisorsBrokerage

Holiday Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93