Emplova LLC Leases 1556 Square Feet At 330 S Service Rd Melville From T. Weiss Realty Corp
330 S Service Rd, Melville, NY, 11747
Building Size
1,556 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The leased property is located at 330 S Service Rd, Melville, NY 11747. This property, situated in the Melville market, encompasses a total area of 1556 square feet. The transaction involves a lease agreement where T. Weiss Realty Corp. acts as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 330 S Service Rd, Melville, NY 11747
- Market: Melville
- Landlord: T. Weiss Realty Corp.
- Landlord's Rep: Craig Weiss (T. Weiss Realty Corp.)
- Tenant: Emplova, LLC
- Square Feet: 1556
The transaction involves key representatives including Craig Weiss, who represents T. Weiss Realty Corp. in the lease. Emplova, LLC is the tenant acquiring the leasing rights for the specified property.
Players
Melville Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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