Coco Architectural Grilles & Metalcraft Acquires Industrial Building In Holtsville For $3.95M
740 Blue Point Road
$3,950,000
$246/SF
Building Size
16,000 SF
Asset Type
Industrial
Closing
Nov 19, 2025
AI
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:
- Property Type: Industrial
- Transaction Amount: $3,950,000
- Acres: 2.24
- Square Footage: 16,000
- Buyer: Coco Architectural Grilles & Metalcraft
- Seller: 740 Realty Corp
- Brokers: Andrew Blumenthal, Mark Timpone & Nicholas Romano - Metro Realty Services
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
Holtsville 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93