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BEB Capital Acquires Industrial Property On Ramsey Road In Shirley, NY For $9.25M

Property Image
SOLD
$9,250,000
Tommy Rosati
Jason Maietta
Brandon Lichtenstein
+ 5

New York

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Industrial62,000 SF
Sold 10/22/2021
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Property Image
SOLD

BEB Capital Acquires Industrial Property On Ramsey Road In Shirley, NY For $9.25M

44 Ramsey Road, Shirley, Suffolk County, NY, USA

See Similar Deals
Industrial62,000 SF
Sold 10/22/2021
Tommy Rosati
Jason Maietta
Brandon Lichtenstein
+ 5
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$149
Total Square Footage:62,000 SF
Transaction Type:Sale

An industrial property located at 44 Ramsey Road, Shirley, NY in Suffolk County was recently sold in a closed transaction. The property spans across 62,000 square feet and is classified as an industrial asset. The sale took place on October 22, 2021, with a sale price of $9,250,000, resulting in a price per square foot of $149. The seller of the property was Ira Warren.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $9,250,000

The buyer of the property was BEB Capital, represented by Keyvan Ghaytanchi, Lee Brodsky, and Ben Fischer. On the seller's side, Ira Warren facilitated the transaction. The deal was facilitated by Jordan Baruch, Matthew Kucker, Jason Maietta, Tommy Rosatti, and Brandon Lichtenstein from Colliers International.

Players

Matthew Kucker
Colliers
Matthew Kucker
7 deals$35M volume
BROKER
Jordan Baruch
Colliers
Jordan Baruch
7 deals$35M volume
BROKER
Jason Maietta
Colliers
Jason Maietta
7 deals$118.3M volume
BROKER
Tommy Rosati
Colliers
Tommy Rosati
7 deals$118.3M volume(516) 284-3457
BROKER
Brandon Lichtenstein
Colliers
Brandon Lichtenstein
6 deals$98.3M volume
BROKER
Keyvan Ghaytanchi
BEB Capital
Keyvan Ghaytanchi
20 deals$181.6M volume
BUYER
Lee Brodsky
BEB Capital
Lee Brodsky
23 deals$301.8M volume
BUYER
Ben Fischer
BEB Capital
Ben Fischer
6 deals$113.2M volume
BUYER
BEB Capital
BEB Capital
LENDER

Details

SOLD
IMAGE: Keyvan Ghaytanchi, Lee Brodsky & Ben Fischer DATE: 10/22/2021 ADDRESS: 44 Ramsey Road Shirley, NY MARKET: Suffolk County ASSET TYPE: Industrial BUYER: BEB Capital (@bebcapital) - Keyvan Ghaytanchi (@keyvan_ghaytanchi_), Lee Brodsky (@leejbrodsky) & Ben Fischer (@bmfischer_) SELLER: Ira Warren BROKER: Jordan Baruch, Matthew Kucker (@NewYorkCommercial), Jason Maietta, Tommy Rosatti & Brandon Lichtenstein @ColliersInternational SALE PRICE: $9,250,000 SF: 62,000 ~ PPSF: $149

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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