John Bonlarron Acquires Office Building In Holbrook, Suffolk County For $3.4M
20 Peachtree Court, Holbrook, NY, USA
$3,400,000
$85/SF
Building Size
40,000 SF
Asset Type
Office
Closing
Mar 11, 2021
About this deal
AI
The office property located at 20 Peachtree Court in Holbrook, Suffolk County has been sold. The transaction took place on 03/12/2021.
Summary of transaction details:
- Property Type: Office
- Sale Price: $3,400,000
- Square Footage: 40,000
- Price per Square Foot: $85
- Address: 20 Peachtree Court, Holbrook, Suffolk County
The buyer of the property is John Bonlarron, while the seller is Susan Goldberg. The deal was facilitated by Michael Murphy from MurfCommercialRE.
The office sale at 20 Peachtree Court, Holbrook, NY, USA in Holbrook, New York sold for $3.4M in 2021. The building is 40,000 square feet, implying about 85 per square foot on the published price. Michael Murphy, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the Holbrook, New York file for the 20 Peachtree Court, Holbrook, NY, USA office sold: pricing, party profiles, and other closed office comps from the same Holbrook sit in the Market section below. Filter that Holbrook office set by closing date to see what else sold near 20 Peachtree Court, Holbrook, NY, USA around 2021. Published consideration for 20 Peachtree Court, Holbrook, NY, USA is $3.4M, dated 2021. Cite this John Bonlarron Acquires Office Building In Holbrook, Suffolk County For $3.4M sale when underwriting similar office product around Holbrook, New York.
Holbrook Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93