facebook
Traded Co logo
Submit

Hildreth Real Estate Advisors Acquires Industrial Property In Riverhead For $3.2M

Property Image
SOLD
$3,200,000
Jason Breitstone
Max Padway
+ 1

New York

See Similar Deals
Industrial
Sold 08/26/2022
the dealplayerscompscontact
Property Image
SOLD

Hildreth Real Estate Advisors Acquires Industrial Property In Riverhead For $3.2M

1001 Scott Avenue

See Similar Deals
Industrial
Sold 08/26/2022
Jason Breitstone
Max Padway
+ 1
Contact now

Summary

NEW YORK
Asset Type:Industrial
Transaction Type:Sale

Located in Riverhead, the industrial property at 1001 Scott Ave. has been sold in a closed transaction. The property spans across 10 acres and offers 70,000 square feet of buildable space, suitable for industrial use as well as outdoor storage. The transaction took place on 08/26/2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,200,000
  • Buyer: Hildreth Real Estate Advisors - David Shorenstein, Jason Breitstone, Yair Sarraf, and Max Padway
  • Seller: EBS Building Systems
  • Date: 08/26/2022
  • Address: 1001 Scott Ave.
  • Market: Riverhead

Hildreth Real Estate Advisors, represented by David Shorenstein, Jason Breitstone, Yair Sarraf, and Max Padway, served as the buyer for this transaction. Please note that Hildreth Real Estate Advisors is actively seeking industrial development sites in the Northeast. For opportunities, they can be contacted via email at [email protected].

Players

David Shorenstein
60 deals$187.3M volume
BUYER

Jason Breitstone
Hildreth Real Estate Advisors
35 deals$130.8M volume
BUYER

Max Padway
Hildreth Real Estate Advisors
23 deals$93.7M volume
BUYER

Yair Sarraf
Hildreth Real Estate Advisors
13 deals$49M volume
BUYER

Details

SOLD
IMAGE: David Shorenstein, Jason Breitstone, Max Padway & Yair Sarraf DATE: 08/26/2022 ADDRESS: 1001 Scott Ave. MARKET: Riverhead ASSET TYPE: Industrial BUYER: Hildreth Real Estate Advisors (@HildrethAdvisors) - David Shorenstein (@ShoreShot1), Jason Breitstone (@JabStone), Yair Sarraf (@Yair_Sarraf) & Max Padway (@Max_Padway) SELLER: EBS Building Systems SALE PRICE: $3,200,000 NOTE FROM BUYER: Hildreth Real Estate Advisors is actively seeking industrial development sites in the Northeast. Please send opportunities to [email protected] 10 acres with 70K buildable SF for industrial use + outdoor storage

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)

$170,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59