Cushman & Wakefield Brokers Sell Woodbury Office Building For $27M
750 Woodbury Road
$27,000,000
$114/SF
Building Size
236,365 SF
Asset Type
Office
Closing
Dec 29, 2022
About this deal
AI
The office property located at 750 Woodbury Road in Woodbury has been sold in a closed transaction. The property spans a total area of 236,365 square feet and was sold for a price of $27,000,000. This equates to a price per square foot of $114.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $27,000,000
- Square Footage: 236,365
- Address: 750 Woodbury Road
- Market: Woodbury
The sale of this office property was facilitated by the brokers Gary Gabriel, David Bernhaut, Daniel Abbondandolo, and Joegy Raju from the agency Cushman & Wakefield.
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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93