Updated Mar 11, 2025
Champion Controls Leases 4140 Square Feet At 33 Comac Loop In Ronkonkoma With Milvado Property Group
33 Comac Loop, Ronkonkoma, NY, 11...
Building Size
4,140 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 33 Comac Loop, Ronkonkoma, NY. It encompasses a total space of 4,140 square feet and operates within the Ronkonkoma market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Champion Controls
- Landlord: Milvado Property Group
- Tenant's Representative: Kevin Owens, Brian McGuire - NAI Capital
- Landlord's Representative: Daniel Ginsberg, JoAnn Stock - Milvado Property Group
This lease transaction features key representatives from both the tenant and landlord sides, with Kevin Owens and Brian McGuire representing Champion Controls, while Daniel Ginsberg and JoAnn Stock represent Milvado Property Group in this deal.
On the Map
Industrial
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Players
Ronkonkoma 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