Updated Sep 18, 2026
Marcus & Millichap Sells 20,000 SF Industrial Asset At 161 Remington Boulevard For $4.525M
161 Remington Boulevard
$4,525,000
$181/SF
Building Size
25,000 SF
Asset Type
Industrial
Closing
Sep 8, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 161 Remington Boulevard in Ronkonkoma, NY. The sale price for this property was $4,525,000, encompassing a total square footage of 20,000, which equates to a price per square foot of $227.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,525,000
- Square Footage: 20,000
- Price per Square Foot: $227
- Address: 161 Remington Boulevard
- Market: Ronkonkoma
- Seller's Representative: Michael Tuccillo, Anthony Cerrone & Ryan Feldman - Marcus & Millichap
The seller's representatives, Michael Tuccillo, Anthony Cerrone, and Ryan Feldman, are affiliated with Marcus & Millichap. They have announced the successful sale of the industrial asset and invited potential clients to reach out for similar opportunities in the market.
On the Map
$4,525,000
$181/SF
Industrial
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Players
Ronkonkoma Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.51%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93