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
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