Updated Oct 9, 2026
Sharma Realty USA Purchases Bay Shore Property From RIT Realty Group For $1.07M
250 N Fehr Way, Bay Shore, NY, 11706
$1,070,000
$133/SF
Building Size
8,000 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in this transaction is located at 250 N Fehr Way, Bay Shore, NY, 11706. The deal was finalized at a price of $1,070,000.00, and the property has a total square footage of 8000. The market for this property is Bay Shore.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,070,000.00
- Buyer: Sharma Realty USA
- Seller: RIT Realty Group
- Buyer's Representative: Dhiraj Pawa - Charles Rutenberg Realty Inc
The representatives involved in this transaction include Dhiraj Pawa from Charles Rutenberg Realty Inc, who represented the buyer Sharma Realty USA in this closed deal. RIT Realty Group acted as the seller in the transaction.
On the Map
$1,070,000
$133/SF
Industrial
View full map
Players
Bay Shore Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Sharma to view all their deals.
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93