Cushman & Wakefield Brokers Facilitate $5.15M Office Sale In Eastern Nassau County
111 Crossways Park Drive West, Woodbury, NY, USA
$5,150,000
$165/SF
Building Size
31,044 SF
Asset Type
Office
Closing
Aug 30, 2021
About this deal
AI
The office property located at 111 Crossways Park West in Eastern Nassau County has been sold for a transaction price of $5,150,000. The property spans a total of 31,250 square feet, resulting in a price per square foot of $164.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,150,000
- Address: 111 Crossways Park West
- Market: Eastern Nassau County
- Brokers: Nicholas Gallipoli, Frank Frizalone & Thomas DeLuca - Cushman & Wakefield
- Square Footage: 31,250
- Price per Square Foot: $164
The deal was facilitated by brokers Nicholas Gallipoli, Frank Frizalone, and Thomas DeLuca, representing Cushman & Wakefield. They played a crucial role in the successful completion of this transaction.
On the Map
$5,150,000
$165/SF
Office
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Players
Woodbury Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93