200 13th Ave
200 13th Ave, Ronkonkoma, NY, 11779
Building Size
2,300 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 200 13th Ave, Ronkonkoma, NY, 11779. It consists of 2,300 square feet and is situated in the Ronkonkoma market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 200 13th Ave, Ronkonkoma, NY, 11779
- Square Feet: 2,300
- Tenant: Maryland Coin and Collectables
- Landlord: Milvado Property Group
- Tenant's Representative: Brian McGuire - NAI Capital
- Landlord's Representative: JoAnn Stock - Milvado Property Group
This lease transaction involves key representatives including Brian McGuire from NAI Capital, who represented the tenant, and JoAnn Stock from Milvado Property Group, representing the landlord. The involvement of these individuals highlights the roles they played in facilitating this lease agreement.
Players
Ronkonkoma 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