RFI Ingredients Corp. Leases Office Space At 100 Dutch Hill Rd. In Rockland County
100 Dutch Hill Road, Orangeburg, Rockland County, NY, USA
Building Size
3,014 SF
Asset Type
Office
Closing
Apr 8, 2021
About this deal
AI
Rockey County in New York recently witnessed a lease transaction for an office space located at 100 Dutch Hill Rd. The property, spanning approximately 3,014 square feet, was leased by RFI Ingredients Corp. The lease was facilitated by Solomon Braun from Key Commercial Realty Corp, who represented the tenant. The landlord in this transaction was David Greenberg.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not provided
- Asking Rent: $22 per square foot
The lease for the office space at 100 Dutch Hill Rd was successfully negotiated by Solomon Braun from Key Commercial Realty Corp, acting as the representative for RFI Ingredients Corp. The lease agreement was signed between RFI Ingredients Corp and David Greenberg.
Players
Orangeburg Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93