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1 Saxwood Street

La Nonna’s Pasta Purchases Industrial Property From PKL Realty LLC In Deer Park For $3.9M
Industrial

La Nonna’s Pasta Purchases Industrial Property From PKL Realty LLC In Deer Park For $3.9M

1 Saxwood Street

Building Size

20,000 SF

Asset Type

Industrial

Closing

Sep 11, 2025

AI

This transaction involves the sale of an industrial property located at 1 Saxwood Street in Deer Park. The asset spans 20,000 square feet and was sold for $3,900,000, resulting in a price per square foot of $195.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,900,000
  • Address: 1 Saxwood Street
  • Market: Deer Park
  • Square Footage: 20,000
  • Price per Square Foot: $195
  • Seller: PKL Realty LLC
  • Buyer's Representative: Alberto Fiorini - Alliance Real Estate Corp.
  • Seller's Representative: Alan Yaffe - United Realty

La Nonna’s Pasta is the buyer in this transaction, acquiring the property to relocate from a nearby leased space. The company plans to occupy half of the building while Nutra Solutions will continue to lease the other half.

Players

Alberto Fiorini

Alliance Real Estate Corp.

Broker

$14.6M

vol

2 deals

Broker
United Realty
United RealtyBrokerage
Alliance Real Estate Corp.
Alliance Real Estate Corp.Seller

Deer Park Industrial Market Snapshot

Boundary boundary · Industrial · All transaction types 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