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
About this deal
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.
On the Map
Office
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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