S&K Distribution Leases 10200 Square Feet At 600 W John St In Hicksville
600 W John St, Hicksville, NY, 11801
Building Size
10,200 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this lease transaction is located at 600 W John St, Hicksville, NY, 11801. This property consists of a total square footage of 10,200 and is situated within the Hicksville market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 600 W John St, Hicksville, NY, 11801
- Square Feet: 10,200
- Tenant: S&K Distribution
- Landlord: Milvado Property Group
- Tenant's Representative: Brian Cleva - Cleva / Philips Real Estate Services Corp.
- Landlord's Representative: David Hercman - Milvado Property Group
The deal features key individuals and companies, highlighted by the involvement of Brian Cleva representing the tenant, S&K Distribution, while David Hercman represents the landlord, Milvado Property Group, in this transaction.
Players
Hicksville 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