Robert Sameyah Of Clews Capital Purchases Development Site From Jonathan Nad For $1.25M In Roslyn Heights
20 Deerpath Road
$1,250,000
$113/SF
Building Size
11,008 SF
Asset Type
Development Site
Closing
Feb 24, 2025
AI
The development site located at 20 Deerpath Road in the Roslyn Heights market has been sold for a total of $1,250,000. The property measures 3,963 BSF, translating to a price of $315 per BSF. Additionally, the site encompasses 11,008 square feet, which equates to a price of $113 per square foot.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,250,000
- Buyer: Robert Sameyah - Clews Capital
- Seller: Jonathan Nad
- BSF: 3,963
- PPBSF: $315
- SF: 11,008
- PPSF: $113
In this transaction, Robert Sameyah represents Clews Capital, which is actively pursuing opportunistic and value-add investment strategies throughout the New York Metro area. Jonathan Nad is the seller involved in this deal.
Players
Roslyn Heights Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93