Michael Steinberg & Sammy Kapoor Represent Sale Of Industrial Asset At 110 Denton Avenue For $3.6M
SOLD
$3,600,000
New York
See Similar DealsIndustrial12,800 SF
Sold 10/10/2024
SOLD
Michael Steinberg & Sammy Kapoor Represent Sale Of Industrial Asset At 110 Denton Avenue For $3.6M
110 Denton Avenue
See Similar DealsIndustrial12,800 SF
Sold 10/10/2024
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$281
Total Square Footage:12,800 SF
Transaction Type:Sale
The asset involved in this transaction is an industrial property located at 110 Denton Avenue in the Garden City Park market. The sale price was $3,600,000, and the property has a total square footage of 12,800, resulting in a price per square foot of $281.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,600,000
- Square Footage: 12,800
- Price per Square Foot: $281
- Address: 110 Denton Avenue
- Market: Garden City Park
- Brokers: Michael Steinberg & Sammy Kapoor
Michael Steinberg and Sammy Kapoor acted as brokers in this transaction, representing the interests of the parties involved. Their roles were crucial in facilitating the successful completion of the sale.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
Is there something missing? Send suggestions