Calvert Family Daniel Street, LLC Acquires Property In Farmingdale For $1.83M
250 Ny-109, Farmingdale, NY, 11735
$1,830,000
$214/SF
Building Size
8,540 SF
Asset Type
Industrial
Closing
Nov 22, 2023
AI
The property involved in this transaction is located at 250 Ny-109, Farmingdale, NY, 11735. The sale price for the property is $1,830,000.00, and it has a total square footage of 8,540. The market for this asset is Farmingdale.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,830,000.00
- Address: 250 Ny-109, Farmingdale, NY, 11735
- Market: Farmingdale
- Buyer: Calvert Family Daniel Street, LLC
- Buyer’s Representative: Richard Cohen
This transaction features Richard Cohen representing the buyer, Calvert Family Daniel Street, LLC. The deal highlights the involvement of a broker in facilitating the purchase, ensuring that the transaction progresses smoothly.
Players
Farmingdale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93