Jonathan Patti Acquires Mixed-Use Property In Suffolk County, Long Island For $1.5M
147 Sunrise Highway, Amityville, New York 11701, United States
$1,500,000
$297/SF
Building Size
5,050 SF
Asset Type
Mixed-use
Closing
Apr 11, 2022
About this deal
AI
The mixed-use property located at 147 Sunrise Hwy. in Suffolk County, Long Island has been sold for $1,500,000. The transaction took place on 04/12/2022. The property spans across 5,050 square feet, resulting in a price per square foot of $297.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,500,000
- Address: 147 Sunrise Hwy.
- Market: Suffolk County, Long Island
- Buyer: Jonathan Patti
- Seller: Amelia Perticone
- Broker: Jason Merrell - Douglas Elliman Commercial
- Square Feet: 5,050
Jason Merrell of Douglas Elliman Commercial represented the buyer, Jonathan Patti, and Amelia Perticone acted as the seller in this transaction.
On the Map
$1,500,000
$297/SF
Mixed-use
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Amityville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93