Adam Perciballi Acquires Industrial Property In Farmingdale For $2.4M
SOLD
$2,400,000
New York
See Similar DealsIndustrial15,000 SF
Sold
SOLD
Adam Perciballi Acquires Industrial Property In Farmingdale For $2.4M
40 Allen Boulevard, Farmingdale, NY 11735, USA
See Similar DealsIndustrial15,000 SF
Sold
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$160
Total Square Footage:15,000 SF
Transaction Type:Sale
The industrial property located at 40 Allen Blvd in Farmingdale has been sold. The property spans 15,000 square feet and was sold for a total price of $2,400,000, resulting in a price per square foot of $160. The transaction took place on April 15, 2019.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,400,000
- Square Footage: 15,000
- Price per Square Foot: $160
- Address: 40 Allen Blvd, Farmingdale
- Market: Farmingdale
The seller of the property was Jeff Richlin, while the buyer was Adam Perciballi. The transaction was facilitated by brokers Michael Freedberg and Gary J Chimeri.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
Is there something missing? Send suggestions