BEB Capital Acquires Industrial Property In Nassau County For $8M
4 Tri Harbor Court, Port Washington, New York 11050, United States
$8,000,000
$167/SF
Building Size
47,702 SF
Asset Type
Industrial
Closing
Jan 14, 2022
AI
An industrial property located at 4 Tri Harbor Court in Nassau County has been sold for a total price of $8,000,000. The property spans a total area of 47,702 square feet, with a price per square foot of $167. The sale took place on January 14, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Address: 4 Tri Harbor Court, Nassau County
- Market: Nassau County
The buyer of the property is BEB Capital, represented by Lee Brodsky, Keyvan Ghaytanchi, and Ben Fischer. The seller is New Mountain Capital. The sale was facilitated by Doug Omstrom, a broker from JLL.
Players
Port Washington Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93