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101 Deer Park Ave, Babylon,...

Unknown Acquires 8000 SF Property At 101 Deer Park Ave Babylon Represented By Michael Tuccillo
SOLD

Unknown Acquires 8000 SF Property At 101 Deer Park Ave Babylon Represented By Michael Tuccillo

101 Deer Park Ave, Babylon, NY, 11702

Building Size

8,000 SF

Asset Type

Closing

Nov 22, 2023

AI

The property involved in this transaction is located at 101 Deer Park Ave, Babylon, NY, 11702. It has a total square footage of 8000 and is situated in the Babylon market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not disclosed
  • Address: 101 Deer Park Ave, Babylon, NY, 11702
  • Market: Babylon
  • Seller's Representative: Michael "Mike" Tuccillo (Marcus & Millichap)
  • Buyer: Unknown

The transaction did not provide information regarding the seller and the transaction amount, highlighting the confidentiality often present in property sales. The representative for the seller, Michael "Mike" Tuccillo, is associated with Marcus & Millichap, indicating the brokerage firm's engagement in this deal.

Players

Michael Tuccillo

Marcus & Millichap

Broker

$589.5M

vol

28 deals

Broker

Babylon CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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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