SOLDIndustrial
MDP Capital LLC Acquires 15,100 Square Foot Industrial Property In Deer Park For $4.25M
70 Burt Drive
Building Size
15,100 SF
Asset Type
Industrial
Closing
May 18, 2026
AI
An industrial property located at 70 Burt Drive, Deer Park, with a total area of 15,100 square feet on 1.36 acres, has been sold for $4.25 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4.25 million
- Address: 70 Burt Drive
- Market: Deer Park
- Buyer: MDP Capital LLC / S&G Nitrile Gloves
- Seller: RA & W LLC
- Buyer's Representative: Desmond Mullins - Premier Commercial Real Estate
- Seller's Representative: Gregory Picker - Industry One Realty Corporation
MDP Capital LLC, associated with S&G Nitrile Gloves, is expanding and relocating from a smaller leased facility in West Babylon to this newly acquired property.
Players
Burt 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93