@BEBCapital Acquires Industrial Property In Hauppauge, NY For $24.25M
100 Marcus Boulevard
$24,250,000
$160/SF
Building Size
150,843 SF
Asset Type
Industrial
Closing
Jul 28, 2021
AI
Located at 100 Marcus Boulevard in Hauppauge, NY, an industrial property in Central Suffolk County has been sold for a price of $24,250,000. The transaction took place on July 28, 2021. The property spans a total area of 150,843 square feet, resulting in a price per square foot of $160.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $24,250,000
- Address: 100 Marcus Boulevard, Hauppauge, NY
- Market: Central Suffolk County
The buyer of the industrial property is @BEBCapital. The sale was facilitated by Nicholas Gallipoli, Frank Frizalone, and Thomas Deluca from CushWake.
Players
Hauppauge Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93