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527 Townline Rd, Hauppauge,...

Valu Care Inc. Leases 1750 Square Feet At 527 Townline Rd Hauppauge From 527 Townline Rd LLC
LEASEDOffice

Valu Care Inc. Leases 1750 Square Feet At 527 Townline Rd Hauppauge From 527 Townline Rd LLC

527 Townline Rd, Hauppauge, NY, 117...

Building Size

1,750 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is a lease at 527 Townline Rd, Hauppauge, NY, with a total space of 1,750 square feet. It is located in the Hauppauge market area.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Disclosed
  • Address: 527 Townline Rd, Hauppauge, NY, 117...
  • Square Feet: 1,750
  • Landlord: 527 Townline Rd. LLC
  • Tenant: Valu Care Inc.
  • Landlord's Representative: Carmine Inserra - NAI Long Island

This transaction involves the leasing of a commercial property with 527 Townline Rd. LLC acting as the landlord and Valu Care Inc. as the tenant. Carmine Inserra from NAI Long Island represents the landlord in this transaction.

Players

Carmine Inserra

Cushman & Wakefield

Broker

$8.9M

vol

6 deals

Broker

Hauppauge 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