facebook
Traded Co logo
Submit
Daily limit: 0/10

Faropoint Acquires Industrial Portfolio In Bohemia For $17.5M With Richard Cohen As Landlord's Broker

Property Image
SOLD
$17,500,000
Richard Cohen
Tommy Rosati
Jason Maietta
+ 1

New York

See Similar Deals
Industrial147,622 SF
Sold 01/07/2026
the dealplayerscompscontact
Property Image
SOLD

Faropoint Acquires Industrial Portfolio In Bohemia For $17.5M With Richard Cohen As Landlord's Broker

100 Wilbur Place & 110 Wilbur Place

See Similar Deals
Industrial147,622 SF
Sold 01/07/2026
Richard Cohen
Tommy Rosati
Jason Maietta
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$118
Total Square Footage:147,622 SF
Transaction Type:Sale

Faropoint acquired a two-building industrial portfolio located at 100 Wilbur Place and 110 Wilbur Place in Bohemia. The total square footage of the properties is 73,811, with a sale price of $17,500,000, resulting in a price per square foot of $237.

Summary of transaction details:

The transaction involved a sale-leaseback with New York Tent, which will continue to operate as the tenant on the 6-acre site following the acquisition.

Players

Jason Maietta
Colliers
Jason Maietta
7 deals$118.3M volume
BROKER
Tommy Rosati
Colliers
Tommy Rosati
7 deals$118.3M volume(516) 284-3457
BROKER
Brandon Lichtenstein
Colliers
Brandon Lichtenstein
6 deals$98.3M volume
BROKER
Richard Cohen
Richard Cohen
7 deals$63.9M volume
BROKER
Faropoint
Faropoint
BUYER

Details

SOLD
IMAGE: Richard Cohen, Tommy Rosati, Jason Maietta & Brandon Lichtenstein DATE: 01/07/2026 ADDRESS: 100 Wilbur Place & 110 Wilbur Place MARKET: Bohemia ASSET TYPE: Industrial BUYER: Faropoint BROKERS: Tommy Rosati, Jason Maietta & Brandon Lichtenstein - Colliers; Richard Cohen - Ashlind SALE PRICE: $17,500,000 SF: 73,811 ~ PPSF: $237 NOTE: Faropoint bought a two-building, 73,811-SF industrial portfolio at 100 and 110 Wilbur Place in Bohemia for $17.5M in a sale-leaseback with New York Tent, which will remain as the tenant on the 6-acre site.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$933,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
Annual Debt Service$995,507.14