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561 Route 25a

James Andruk Leases Office Space To Peter Pirozzi In Long Island For $33 Per Foot
LEASEDOffice

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

Luca DiCiero

NY Space Finders

Broker

$124.3M

vol

151 deals

Broker
NY Space Finders
NY Space FindersBrokerage

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