James Andruk Leases Office Space To Peter Pirozzi In Long Island For $33 Per Foot
561 Route 25a
$33
$33/SF
Building Size
4,200 SF
Asset Type
Office
Closing
Dec 4, 2025
AI
The asset involved is a ground lease office property located at 561 Route 25a, Mount Sinai, NY 11766, in the Long Island market. The property includes a total square footage of 4,200 and was leased at an asking rent of $33 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $33/ft
- Square Footage: 4,200
- Address: 561 Route 25a
- Market: Long Island
- Landlord: James Andruk
- Tenant: Peter Pirozzi
- Landlord's Representative: Luca DiCiero & Giuseppe Gregorio - NY Space Finders
- Lease Term: 561 NY-25A, Mount Sinai NY 11766
- Lease Type: Ground Lease
Luca DiCiero and Giuseppe Gregorio represented the landlord, James Andruk, in this transaction, showcasing their role in facilitating the lease agreement between the landlord and tenant, Peter Pirozzi.
Players
Mount Sinai 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
480696.97%
Cash-on-Cash
-137384.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93