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Industrial Property Sold In Farmingdale, NY For $3.6M
SOLD
$3,600,000
New York
See Similar DealsIndustrial18,000 SF
Sold 03/15/2023
SOLD
Industrial Property Sold In Farmingdale, NY For $3.6M
280 Smith St Farmingdale, NY 11735, USA
See Similar DealsIndustrial18,000 SF
Sold 03/15/2023
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$200
Total Square Footage:18,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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