Sailesh Gandhi Acquires Office At 40 Oak Drive In Syosset For $2 Million With Charles Chang As The Broker
40 Oak Drive
$2,000,000
$355/SF
Building Size
5,630 SF
Asset Type
Office
Closing
Sep 16, 2025
About this deal
AI
The property involved in the transaction is an office asset located at 40 Oak Drive in Syosset. The sale price was $2,000,000, and the building comprises 5,630 square feet, resulting in a price per square foot of $355.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,000,000
- Buyer: Sailesh Gandhi
- Seller: Jeffrey Goldstein
- Broker: Charles Chang - Highcap Group
This transaction was facilitated by Charles Chang, representing the broker Highcap Group, which handled the deal for both the buyer and seller, Sailesh Gandhi and Jeffrey Goldstein, respectively.
On the Map
$2,000,000
$355/SF
Office
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Players
Syosset 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93