XD6666 International Acquires Industrial Building In Farmingdale From Jontay LLC For $5.8M
180 Central Avenue
Building Size
21,500 SF
Asset Type
Industrial
Closing
Mar 27, 2026
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:
- Property Type: Industrial
- Transaction Amount: $5,800,000
- Buyer: XD6666 International
- Seller: Jontay LLC
- Brokers: Jeffrey Schwartzberg & Jason Miller - Premier Commercial Real Estate
- Market: Farmingdale
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
Farmingdale Industrial Market Snapshot
Boundary boundary · Industrial · All transaction types transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93