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180 Central Avenue

Updated Sep 2, 2026

Bilt advertisement
XD6666 International Acquires Industrial Building In Farmingdale From Jontay LLC For $5.8M
SOLDIndustrial

XD6666 International Acquires Industrial Building In Farmingdale From Jontay LLC For $5.8M

180 Central Avenue

$5,800,000

$269/SF

Building Size

21,500 SF

Asset Type

Industrial

Closing

Mar 27, 2026

About this deal

AI

An industrial building located at 180 Central Avenue in Farmingdale was sold for $5.8 million. The property spans 21,500 square feet and has a price per square foot of $270.

Summary of transaction details:

The transaction was facilitated by Jeffrey Schwartzberg and Jason Miller, who represented the buyer, XD6666 International, in the acquisition aimed at expanding its apparel distribution footprint.

Players

Jeffrey Schwartzberg

Premier Commercial Real Estate

Broker

$53.8M

vol

6 deals

Broker

Farmingdale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $269 per square foot on a published $5.8M for 21,500 square feet (2026).

Visit Jeffrey Schwartzberg to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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