Christine Ye & Jing Ye Acquire Industrial Property In Syosset For $5.7M
170 Eileen Way, Syosset, New York 11791, United States
$5,700,000
$274/SF
Building Size
20,750 SF
Asset Type
Industrial
Closing
Aug 31, 2022
AI
A industrial property located at 170 Eileen Way has been sold in Nassau County. The property, measuring 20,750 square feet, was sold for a price of $5,700,000, resulting in a price per square foot of $274. The transaction took place on 09/01/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,700,000
- Address: 170 Eileen Way, Syosset
- Market: Nassau County
The buyer of the property is Christine Ye and Jing Ye. They acquired the property from AFA Protective Systems. The brokers involved in the transaction were Greg Picker from Industry One Realty Corp and Chris Stack from CBRE.
Players
Syosset 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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93