Updated Oct 29, 2024
FCA Acquires Property At 888 S Columbus Ave Mount Vernon For $3.2M With Seller's Rep John Sala
888 S Columbus Ave, Mount Vernon, N...
$3,200,000
$82/SF
Building Size
39,000 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
An industrial property located at 888 S Columbus Ave in Mount Vernon, N.Y. was sold for $3,200,000. The property encompasses 39,000 square feet of industrial space. The transaction involved a private investor as the seller.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,200,000.00
- Address: 888 S Columbus Ave, Mount Vernon, N.Y.
- Square Footage: 39,000 sf
- Seller's Representative: John Sala-Marcus & Millichap
- Buyer: FCA
John Sala of Marcus & Millichap represented the seller during the transaction, facilitating the deal between the private investor and the buyer, FCA.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93