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137 Commercial St, Plainvie...

Henry Schein, Inc. Leases 17731 Square Feet At 137 Commercial St Plainview Represented By CBRE And Berkshire Hathaway HomeServices
LEASEDIndustrial

Henry Schein, Inc. Leases 17731 Square Feet At 137 Commercial St Plainview Represented By CBRE And Berkshire Hathaway HomeServices

137 Commercial St, Plainview, NY, 11...

Building Size

17,731 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 137 Commercial St, Plainview, NY. It encompasses an area of 17,731 square feet. The market for this lease is Plainview.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 137 Commercial St, Plainview, NY
  • Market: Plainview
  • Square Feet: 17,731
  • Tenant: Henry Schein, Inc.
  • Landlord: Anton-Cerrone Associates
  • Tenant's Representative: Brian Brostowicz - CBRE
  • Landlord's Representative: David Hunt Solomon - Berkshire Hathaway HomeServices

The deal features Henry Schein, Inc. as the tenant, represented by broker Brian Brostowicz from CBRE, while Anton-Cerrone Associates serves as the landlord, represented by David Hunt Solomon from Berkshire Hathaway HomeServices.

Players

David Hunt Solomon

Coldwell Banker

Broker

$186.9M

vol

29 deals

Broker
AA
Anton-Cerrone AssociatesLandlord

Henry Schein

Henry Schein Inc

Tenant

2 deals

Tenant

Plainview Industrial Market Snapshot

Boundary boundary · Industrial · Lease 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