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68 East Jefryn Boulevard

Bob Wu Acquires Industrial Property In Deer Park From Anchor Capital For $7.4 Million
SOLDIndustrial

Bob Wu Acquires Industrial Property In Deer Park From Anchor Capital For $7.4 Million

68 East Jefryn Boulevard

$7,400,000

$205/SF

Building Size

36,100 SF

Asset Type

Industrial

Closing

Oct 29, 2025

AI

The property involved in the transaction is an industrial asset located at 68 East Jefryn Boulevard, Deer Park. It has a sale price of $7,400,000 and encompasses a total square footage of 36,100, resulting in a price per square foot of $204.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,400,000
  • Address: 68 East Jefryn Boulevard
  • Market: Deer Park
  • Square Footage: 36,100
  • Price per Square Foot: $204
  • Buyer: Bob Wu
  • Seller: Anchor Capital
  • Buyer's Representative: Michael Gronenthal - Douglas Elliman
  • Seller's Representative: Desmond Mullins - Premier Commercial Real Estate

Key individuals involved in this transaction include the buyer Bob Wu and the seller Anchor Capital, along with their respective representatives, Michael Gronenthal from Douglas Elliman and Desmond Mullins from Premier Commercial Real Estate. Each party played a crucial role in facilitating the deal within the specified market.

Players

Michael Gronenthal

Douglas Elliman

Broker

$106.7M

vol

38 deals

Broker
Premier Commercial Real Estate
Premier Commercial Real EstateBrokerage

Deer Park Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.14%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93