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
Deer Park 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93