facebook
Traded Co logo
Submit

Josh Feldman Purchases Industrial Property At 19 Hanse Avenue In Freeport For $1.35M

Property Image
SOLD
$1,350,000

New York

See Similar Deals
Industrial6,380 SF
Sold 10/23/2024
the dealplayerscompscontact
Property Image
SOLD

Josh Feldman Purchases Industrial Property At 19 Hanse Avenue In Freeport For $1.35M

19 Hanse Avenue

See Similar Deals
Industrial6,380 SF
Sold 10/23/2024
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$211
Total Square Footage:6,380 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 19 Hanse Avenue in Freeport. The sale was completed at a price of $1,350,000, covering an area of 6,380 square feet, which translates to a price per square foot of approximately $211.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,350,000
  • Address: 19 Hanse Avenue
  • Market: Freeport
  • Square Footage: 6,380
  • Price Per Square Foot: $211
  • Buyer: Josh Feldman
  • Seller: Laurie Basch
  • Broker: Michael Gronenthal - Douglas Elliman

This transaction highlights the roles of the key individuals involved, specifically the buyer, Josh Feldman, and the seller, Laurie Basch. The brokerage firm representing the seller in this deal was Douglas Elliman, with Michael Gronenthal acting as the broker for the transaction.

Players

Michael Gronenthal
38 deals$106.7M volume(516) 439-6789
BROKER

Details

SOLD
IMAGE: Michael Gronenthal DATE: 10/23/2024 ADDRESS: 19 Hanse Avenue MARKET: Freeport ASSET TYPE: Industrial BUYER: Josh Feldman SELLER: Laurie Basch BROKER: Michael Gronenthal (@Michael.Gronenthal) - Douglas Elliman (@DouglasEllimanCommercialli) SALE PRICE: $1,350,000 SF: 6,380 ~ PPSF: $211

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26