Enzo Labs Sells Industrial Property At 21 Executive Boulevard In Farmingdale For $11.7M
SOLD
New York
See Similar DealsIndustrial35,900 SF
Sold 04/01/2026
SOLD
Enzo Labs Sells Industrial Property At 21 Executive Boulevard In Farmingdale For $11.7M
21 Executive Boulevard
See Similar DealsIndustrial35,900 SF
Sold 04/01/2026
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$325
Total Square Footage:35,900 SF
Transaction Type:Sale
The transaction involved the sale of a 35,900 square foot industrial property located at 21 Executive Boulevard in Farmingdale. The sale price was $11,700,000, resulting in a price per square foot of $325.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,700,000
- Address: 21 Executive Boulevard
- Market: Farmingdale
- Seller: Enzo Labs
- Brokers: James Dunn & Trevor Dunn - Atlantic Property Services; Kyle Burkhardt & Joshua Cohen - Newmark
- Square Footage: 35,900
- Price per Square Foot: $325
James Dunn and Trevor Dunn of Atlantic Property Services collaborated with Kyle Burkhardt and Joshua Cohen from Newmark to successfully complete this transaction. The sale reflects the strong demand for industrial space on Long Island, particularly in prime locations.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$624,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,567.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,463.97
Annual Debt Service$665,567.63
Is there something missing? Send suggestions