Sam Eshaghoff Acquires Industrial Property In Red Hook For $2.5M From O'Callaghan Family
15 O'callahan Lane
$2,500,000
$58/SF
Building Size
42,500 SF
Asset Type
Industrial
Closing
Jun 1, 2026
AI
The property asset involved in the transaction is an industrial facility located at 15 O'Callahan Lane in Red Hook. This asset has residential zoning and encompasses a total area of 42,500 square feet. The sale price for the property was $2,500,000, translating to a price per square foot of $58.
Summary of transaction details:
- Property Type: Industrial (with Residential Zoning)
- Transaction Amount: $2,500,000
- Address: 15 O'Callahan Lane
- Market: Red Hook
- Square Footage: 42,500
- Price Per Square Foot: $58
- Buyer: Sam Eshaghoff
- Seller: O’Callaghan Family
- Seller's Representative: Chris O'Callaghan - RM Friedland
- Attorney: Ben Sedaghatzandi
The deal was facilitated by Sam Eshaghoff as the buyer and the O’Callaghan Family as the seller. Chris O'Callaghan represented the seller through RM Friedland. Ben Sedaghatzandi served as the attorney in the transaction, providing legal assistance throughout the process.
Players
Red Hook 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93