Bruce Purchases Property At 51 Church St Freeport From Gibson For $300000 With Matthew Shane As Buyer's Rep
51 Church St, Freeport, NY, 11520
$300,000
$60/SF
Building Size
5,000 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property located at 51 Church St, Freeport, NY, 11520 has a price of $300,000.00 and encompasses a total square footage of 5000. It is situated in the Freeport market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $300,000.00
- Address: 51 Church St, Freeport, NY, 11520
- Market: Freeport
- Buyer: Bruce
- Seller: Gibson
- Buyer's Representative: Matthew Shane - All Island Estates
The deal involves Bruce as the buyer and Gibson as the seller, with Matthew Shane representing the buyer through All Island Estates. This transaction reflects the involvement of key individuals facilitating the real estate deal.
On the Map
$300,000
$60/SF
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Players
Freeport 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
52.88%
Cash-on-Cash
-15.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93