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JMDH Real Estate Of Blauvelt LLC Acquires Industrial Property At 100 Corporate Drive For $18M
SOLD
$18,000,000
New York
See Similar DealsIndustrial125,000 SF
Sold 09/17/2025
SOLD
JMDH Real Estate Of Blauvelt LLC Acquires Industrial Property At 100 Corporate Drive For $18M
100 Corporate Drive
See Similar DealsIndustrial125,000 SF
Sold 09/17/2025
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$144
Total Square Footage:125,000 SF
Transaction Type:Sale
The property asset involved in the transaction is an industrial facility located at 100 Corporate Drive in Blauvelt. The sale price for this 125,000-square-foot property was $18 million, equating to a price per square foot of $144.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 100 Corporate Drive
- Market: Blauvelt
- Square Footage: 125,000
- Price per Square Foot: $144
- Buyer: JMDH Real Estate of Blauvelt LLC
- Seller: Onyx Equities
JMDH Real Estate of Blauvelt LLC, which is affiliated with Restaurant Depot, acquired the property from Onyx Equities in this transaction.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
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