Updated Oct 29, 2024
Churong Liu And Jeremy Leroux Acquire Office Property In Plainview, Long Island For $4.83M
11 Skyline Dr, Malvern, Pa 19355, Usa
Building Size
474,210 SF
Asset Type
Office
Closing
Aug 16, 2017
About this deal
AI
The office property located at 11 Skyline Drive in Plainview, Long Island has been sold in a closed transaction. The property, spanning 47,421 square feet, was acquired by Churong Liu and Jeremy Leroux for a purchase price of $4,830,000, resulting in a price per square foot of $101. The seller of the property was Jen Skyline Inc.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,830,000
- Property Address: 11 Skyline Drive, Plainview, Long Island
- Market: Long Island
- Square Footage: 47,421
- Price per Square Foot: $101
- Seller: Jen Skyline Inc
- Buyer: Churong Liu, Jeremy Leroux
- Property Type: Office
- Transaction Amount: $4,830,000
- Property Address: 11 Skyline Drive, Plainview, Long Island
- Market: Long Island
- Square Footage: 47,421
- Price per Square Foot: $101
- Seller: Jen Skyline Inc
- Buyer: Churong Liu, Jeremy Leroux
Churong Liu and Jeremy Leroux successfully acquired the office property located at 11 Skyline Drive in Plainview, Long Island. The transaction was completed with the assistance of their representative in the deal, 's REP.
Players
Malvern Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93