Colin Fitzgerald Acquires Industrial Property In Suffolk County For $1.1M
9 Claremont Ave, Holbrook, NY 11741, USA
$1,100,000
Building Size
—
Asset Type
—
Closing
Apr 21, 2022
About this deal
AI
The industrial property located at 9 Claremont Ave. in Suffolk County has been sold for $1,100,000. The property spans 5,000 square feet, resulting in a price per square foot of $220.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,100,000
- Date: 04/22/2022
- Address: 9 Claremont Ave.
- Market: Suffolk County
The buyer of the property is Colin Fitzgerald. The seller, John Slokovitz, was represented by Thomas Bigansky from North Village Realty.
The commercial sale at 9 Claremont Ave, Holbrook, NY 11741, USA sold for $1.1M in 2022. Tom Bigansky, North Village Realty appear on the sale alongside North Village Realty. This page is the market file for the 9 Claremont Ave, Holbrook, NY 11741, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Filter that local commercial set by closing date to see what else sold near 9 Claremont Ave, Holbrook, NY 11741, USA around 2022. Published consideration for 9 Claremont Ave, Holbrook, NY 11741, USA is $1.1M, dated 2022. Cite this Colin Fitzgerald Acquires Industrial Property In Suffolk County For $1.1M sale when underwriting similar commercial product.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93