Updated Sep 11, 2026
RC Commerce Inc Acquires Industrial Property In Suffolk County For $5.18M
601 Acorn St, Deer Park, NY 11729, USA
$5,180,000
$259/SF
Building Size
20,000 SF
Asset Type
MultiFamily
Closing
Nov 17, 2022
About this deal
AI
The industrial property located at 601 Acorn Street in Suffolk County was recently sold. The transaction was facilitated by Desmond Mullins of Industry One Realty Corp.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,180,000
- Square Footage: 20,000
- Price per Square Foot: $259
- Address: 601 Acorn Street
- Market: Suffolk County
- Buyer: RC Commerce Inc - Kevin & Nancy Chu
- Seller: Bay Holdings - Owen Murtagh
- Broker: Desmond Mullins - Industry One Realty Corp
RC Commerce Inc, represented by Kevin & Nancy Chu, purchased the industrial property from Bay Holdings, with the transaction being brokered by Desmond Mullins. The property spans 20,000 square feet, with a sale price of $5,180,000, translating to a price per square foot of $259.
On the Map
$5,180,000
$259/SF
MultiFamily
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Players
Deer Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.06%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93