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330 Tompkins Avenue

StorageBlue Self Storage Acquires Industrial Property In Rosebank For $57M
SOLDIndustrial

StorageBlue Self Storage Acquires Industrial Property In Rosebank For $57M

330 Tompkins Avenue

$57,000,000

$265,116/SF

Building Size

215 SF

Asset Type

Industrial

Closing

Apr 17, 2023

AI

An industrial property located at 330 Tompkins Avenue in the Rosebank market has been sold. The property spans a total area of 215,365 square feet and was acquired by StorageBlue Self Storage for a total sale price of $57,000,000. This amounts to a price per square foot of $264.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $57,000,000
  • Address: 330 Tompkins Avenue
  • Market: Rosebank

StorageBlue Self Storage, represented by Alan Mruvka, purchased the property from American Real Estate Management and American Self Storage. The sellers were represented by Warren Diamond and John Del Monaco.

Players

Alan Mruvka

StorageBlue

Buyer

$335.8M

vol

6 deals

Buyer

Staten Island 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

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93