Updated Sep 5, 2024
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
About this deal
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.
The industrial sale at 280 Smith St Farmingdale, NY 11735, USA in New York, New York sold for $3.6M in 2023. The building is 18,000 square feet, implying about 200 per square foot on the published price. Mario Asaro, Industry One Realty Corporation appear on the sale alongside Industry One Realty Corporation. This page is the New York, New York file for the 280 Smith St Farmingdale, NY 11735, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 280 Smith St Farmingdale, NY 11735, USA around 2023. Published consideration for 280 Smith St Farmingdale, NY 11735, USA is $3.6M, dated 2023. Cite this Industrial Property Sold In Farmingdale, NY For $3.6M sale when underwriting similar industrial product around New York, New York.
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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