Updated Oct 29, 2024
Woodfield Holding Acquires Industrial Property In West Hempstead
659 Woodfield Rd
$1,800,000
$130/SF
Building Size
13,840 SF
Asset Type
Industrial
Closing
Jan 20, 2023
About this deal
AI
The industrial property located at 659 Woodfield Rd in West Hempstead has been sold for a total price of $1,800,000. The property spans a total of 13,840 square feet, resulting in a price per square foot of $130.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Square Footage: 13,840
- Price Per Square Foot: $130
- Address: 659 Woodfield Rd
- Market: West Hempstead
The buyer of the property is Woodfield Holding, while the seller is Jr Naderi & Ahmad Naderi from Naderian Real Estate.
Players
West Hempstead 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93