Updated Oct 7, 2026
AJM Real Estate & Burman Real Estate Acquire Office & Industrial Asset In Plainview For $8.525M
101 Sunnyside Boulevard & 131 Sunnyside Boulevard
$8,525,000
$133/SF
Building Size
16,399 SF
Asset Type
Industrial
Closing
Sep 28, 2026
About this deal
AI
The property asset involved in this transaction includes two addresses: 101 Sunnyside Boulevard and 131 Sunnyside Boulevard in the Plainview market. The sale price was $8,525,000 for a total square footage of 63,899, achieving a price per square foot of $133 on a parcel size of 5.5 acres, designated as Office & Industrial.
Summary of transation details:
- Property Type: Office & Industrial
- Transaction Amount: $8,525,000
- Borrower: AJM Real Estate & Burman Real Estate
- Broker: Michael Gronenthal - Douglas Elliman
- Sale Date: 09/28/2026
- Market: Plainview
- Square Footage: 63,899
- Price Per Square Foot: $133
- Acres: 5.5
Key individuals in this deal include AJM Real Estate and Burman Real Estate as buyers, who coordinated the transaction represented by broker Michael Gronenthal from Douglas Elliman, facilitating the closing process on this property deal.
On the Map
$8,525,000
$133/SF
Industrial
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Plainview 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
1.86%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93