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Coco Architectural Grilles & Metalcraft Acquires Industrial Building In Holtsville For $3.95M

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SOLD
$3,950,000

New York

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Industrial16,000 SF
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SOLD

Coco Architectural Grilles & Metalcraft Acquires Industrial Building In Holtsville For $3.95M

740 Blue Point Road

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Industrial16,000 SF
Sold
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$246
Total Square Footage:16000 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 740 Blue Point Road, Holtsville. This facility spans 16,000 square feet and sits on 2.24 acres of land. The sale price for the property was $3,950,000, translating to a price per square foot of $247.

Summary of transaction details:

In this transaction, Coco Architectural Grilles & Metalcraft is making a strategic move to relocate from East Farmingdale to the newly acquired property in Holtsville in order to accommodate their growth. The brokerage involved includes three representatives from Metro Realty Services, indicating a collaborative effort in facilitating this deal.

Players

Andrew Blumenthal
1 deal$4M volume(516) 581-6140
BROKER

Mark Timpone
Metro Realty Services
1 deal$4M volume
BROKER

Nicholas Romano
Metro Realty Services
1 deal$4M volume
BROKER

Metro Realty Services
BROKERAGE

Details

SOLD
IMAGE: Nicholas Romano, Andrew Blumenthal & Mark Timpone DATE: 11/19/2025 ADDRESS: 740 Blue Point Road MARKET: Holtsville ASSET TYPE: Industrial ~ ACRES: 2.24 BUYER: Coco Architectural Grilles & Metalcraft SELLER: 740 Realty Corp BROKERS: Andrew Blumenthal, Mark Timpone & Nicholas Romano - Metro Realty Services SALE PRICE: $3,950,000 SF: 16,000 ~ PPSF: $247 NOTE: Coco Architectural Grilles & Metalcraft bought a 16,000-sq-ft Holtsville industrial building for $3.95M as it relocates from East Farmingdale to accommodate growth.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$210,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,725.02
Annual Debt Service$224,700.18