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Matt Lee Acquires Industrial Property On Jersey Street In West Babylon For $5M With Luciano Oliverio As Buyer's Rep

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SOLD
$5,000,000

New York

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Industrial24,500 SF
Sold 07/16/2025
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SOLD

Matt Lee Acquires Industrial Property On Jersey Street In West Babylon For $5M With Luciano Oliverio As Buyer's Rep

47 Jersey Street

See Similar Deals
Industrial24,500 SF
Sold 07/16/2025
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$204
Total Square Footage:24,500 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 47 Jersey Street in West Babylon. The sale was completed for a price of $5,000,000, encompassing a total area of 24,500 square feet, resulting in a price per square foot of $204.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,000,000
  • Address: 47 Jersey Street
  • Market: West Babylon
  • Square Footage: 24,500
  • Price Per Square Foot: $204
  • Buyer: Matt Lee
  • Seller: Jacoff Rlty
  • Buyer's Representative: Luciano Oliverio - Summit Commercial Real Estate Corp

This transaction involved Matt Lee as the buyer acquiring the property from seller Jacoff Rlty. Luciano Oliverio represented the buyer in this deal, working through Summit Commercial Real Estate Corp to facilitate the transaction.

Players

8 deals$84.7M volume(516) 852-3757
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Details

SOLD
IMAGE: Luciano Oliverio & Matthew Lee DATE: 7/16/2025 ADDRESS: 47 Jersey Street MARKET: West Babylon ASSET TYPE: Industrial BUYER: Matt Lee (@MattLee44) SELLER: Jacoff Rlty BUYER'S REP: Luciano Oliverio (@Luciano_o) - Summit Commercial Real Estate Corp SALE PRICE: $5,000,000 SF: 24,500 ~ PPSF: $204

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Debt Service Coverage Ratio (DSCR)

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