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
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.
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