Colliers International Brokers Sell Hauppauge Industrial Property For $38.5M
2100 Pacific Street, Hauppauge, New York 11788, United States
$38,500,000
$275/SF
Building Size
140,000 SF
Asset Type
Industrial
Closing
May 4, 2022
AI
An industrial property located at 2100 Pacific St. in Hauppauge has been sold for $38,500,000. The property spans 140,000 square feet, resulting in a price per square foot of $275. This transaction took place on May 5, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $38,500,000
- Address: 2100 Pacific St.
- Market: Hauppauge
- Square Footage: 140,000
- Price per Square Foot: $275
Colliers International facilitated this sale, with Tommy Rosati, Jason Maietta, and Brandon Lichtenstein acting as the brokers representing the parties involved.
Players
Hauppauge Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93