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54 Nardozzi Place

Updated Dec 14, 2024

FINANCEDIndustrial

Maya Capital Partners Secures $300M Equity Loan For Industrial Property In New Rochelle

54 Nardozzi Place

$300,000,000

$428/SF

Building Size

700,000 SF

Asset Type

Industrial

Closing

Dec 7, 2022

About this deal

AI

The industrial property located at 54 Nardozzi Place in New Rochelle has been involved in a closed transaction. Spanning across 700,000 square feet, the property is owned by Maya Capital Partners and serves as an asset in the market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $300,000,000
  • Address: 54 Nardozzi Place, New Rochelle
  • Market: New Rochelle

The loan for the property was secured through Artemis Real Estate Partners, with a loan type categorized as equity. The brokerage services for this transaction were provided by Jordan Roeschlaub and Dustin Stolly from Newmark, representing the parties involved in the deal.

Players

Dustin Stolly

Walker & Dunlop

Broker

$51.1B

vol

273 deals

Broker
Artemis Real Estate Partners
Artemis Real Estate PartnersLender

New Rochelle Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Deal FAQ

About $428 per square foot on a published $300M for 700,000 square feet (2022).

Visit Dustin Stolly to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.05%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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