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Sunny Suchdev & Kashi Suchdev Acquire Industrial Asset In Farmingdale For $2.01M With Raj Whadwa As Buyer's Rep

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SOLD
$2,010,000

New York

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Industrial6,200 SF
Sold 07/16/2025
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Property Image
SOLD

Sunny Suchdev & Kashi Suchdev Acquire Industrial Asset In Farmingdale For $2.01M With Raj Whadwa As Buyer's Rep

107 Milbar Boulevard

See Similar Deals
Industrial6,200 SF
Sold 07/16/2025
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$324
Total Square Footage:6,200 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 107 Milbar Boulevard in Farmingdale. The sale price for the property was $2,010,000, and it encompasses a total area of 6,200 square feet, resulting in a price per square foot of $324.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,010,000
  • Address: 107 Milbar Boulevard
  • Market: Farmingdale
  • Square Footage: 6,200
  • Price per Square Foot: $324
  • Buyer: Sunny Suchdev & Kashi Suchdev
  • Seller: Arthur Eisenberg
  • Buyer's Representative: Raj Whadwa - Global Realty Services
  • Seller's Representative: Luciano Oliverio - Summit Commercial Real Estate Group

This transaction involved Sunny Suchdev and Kashi Suchdev as the buyers, while Arthur Eisenberg was the seller. The representation for the buyers was handled by Raj Whadwa of Global Realty Services, and the seller was represented by Luciano Oliverio of Summit Commercial Real Estate Group.

Players

Raj Whadwa
22 deals$129.4M volume(516) 316-0722
BROKER

Luciano Oliverio
8 deals$84.7M volume(516) 852-3757
BROKER

Global Realty Services
BROKERAGE

Details

SOLD
IMAGE: Raj Whadwa DATE: 7/17/2025 ADDRESS: 107 Milbar Boulevard MARKET: Farmingdale ASSET TYPE: Industrial BUYER: Sunny Suchdev & Kashi Suchdev SELLER: Arthur Eisenberg BUYER'S REP: Raj Whadwa (@RajWhadwa) - Global Realty Services SELLER'S REP: Luciano Oliverio - Summit Commercial Real Estate Group SALE PRICE: $2,010,000 SF: 6,200 ~ PPSF: $324

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$107,200.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,141.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,528.43
Annual Debt Service$114,341.11