SOLDIndustrial
Industrial Property Sold In Farmingdale, NY For $3.6M
280 Smith St Farmingdale, NY 11735, USA
$3,600,000
$200/SF
Building Size
18,000 SF
Asset Type
Industrial
Closing
Mar 15, 2023
AI
The industrial property located at 280 Smith St Farmingdale, NY 11735, USA has been sold in a transaction on March 15, 2023.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,600,000.0
- Units: Not available
- Price per Unit: Not applicable
- Square Footage: 0
- Price per Square Foot: Not applicable
No further information is available regarding the buyer, seller, buyer's representative, seller's representative, or brokers involved in the transaction.
New York 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93