SOLDIndustrial
Peter Marshall Acquires Industrial Property In Dundee, NY For $1.3M
74 Seneca St, Dundee, NY 14837, USA
$1,300,000
$1/SF
Building Size
1,439,130 SF
Asset Type
Industrial
Closing
Feb 5, 2020
AI
The industrial property located at 74 Seneca Street in Dundee, NY has been sold for a price of $1,300,000. The property spans an area of 143,913 square feet and has a price per square foot of $9.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,300,000
- Address: 74 Seneca Street, Dundee, NY
- Market: Dundee, NY
- Seller: Vincent Todaro
- Buyer: Peter Marshall
- Broker: RPR Ventures @rprnyc
The property sits on 18.5 acres and is currently occupied by one tenant who occupies 58,000 square feet.
Players
Dundee 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93