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
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