Daily limit: 0/10
The Inland Real Estate Group Acquires 292-Unit Multifamily Community In Farmingville For $190M
SOLD
$190,000,000
+ 1
New York
See Similar DealsMultiFamily
Sold
SOLD
The Inland Real Estate Group Acquires 292-Unit Multifamily Community In Farmingville For $190M
20 Maple Ln
See Similar DealsMultiFamily
Sold
+ 1
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
The transaction involves a multifamily asset, specifically a 292-unit luxury community known as The Arboretum, located at 20 Maple Ln in Farmingville, NY. The sale was finalized at a price of $190,000,000, resulting in a price per unit of $650,685.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $190,000,000
- Units: 292
- Price Per Unit: $650,685
- Buyer: The Inland Real Estate Group of Companies, Inc
- Seller: BRP Companies
- Brokers: Jose Cruz, Steve Simonelli, Rob Hinckley, Austin Pierce - JLL
JLL Capital Markets executed the sale representing BRP Companies in this transaction, which was closed with an affiliate of The Inland Real Estate Group. The successful negotiation highlights the effective collaboration among the brokers involved in the transaction.
Players
SELLER
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
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 Listings
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)
$10,133,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$675,029.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$900,696.93
Annual Debt Service$10,808,363.20
Is there something missing? Send suggestions