Updated Oct 28, 2024
Sportansa LLC Acquires Industrial Property In Rockland County, Nyack For $4.4M
527-529 New York Highway 303, Orangeburg, New York 10962, United States
$4,400,000
$157/SF
Building Size
28,000 SF
Asset Type
Industrial
Closing
Feb 7, 2022
About this deal
AI
An industrial property located at 527-529 NY Rt. 303 in Rockland County, Nyack, was recently sold for a total price of $4,400,000. The property spans an area of approximately 3.3 acres and offers a space of 28,000 square feet. The sale took place on February 8, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Address: 527-529 NY Rt. 303, Rockland County, Nyack
- Market: Rockland County, Nyack
- Acreage: 3.3 acres
The buyer in this transaction is Sportansa LCC, represented by Yehuda Solomon. The seller was not specified in the provided information. The deal was facilitated by Michael Fromowitz from Point West Realty.
The property boasts a spacious area of 28,000 square feet and was sold at an approximate price per square foot of $157.
Players
Orangeburg 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93