Updated May 14, 2025
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
About this deal
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.
On the Map
$1,250,000
$113/SF
Development Site
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Players
Roslyn Heights Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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