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180 Central Avenue

Updated Sep 2, 2026

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.

On the Map

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$5,800,000

$269/SF

Industrial

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Players

Jeffrey Schwartzberg

Premier Commercial Real Estate

Broker

$53.8M

vol

6 deals

Broker
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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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