Amazon Leases Distribution Centre In Rockland County From Onyx Equities
200 Oritani Dr, Blauvelt, NY 10913, USA
Building Size
200,775 SF
Asset Type
Other
Closing
Aug 3, 2020
AI
A distribution centre located at 200 Oritani Drive and 400 Oritani Drive in Rockland County has been leased in a closed transaction. The property, spanning 200,775 square feet, was leased to the tenant @Amazon. The landlord for this transaction is Onyx Equities.
Summary of transaction details
- Property Type: Distribution Centre
- Tenant: @Amazon
- Landlord: Onyx Equities
- SF: 200,775
The lease deal was facilitated by brokers Thomas Monahan, Stephen D’Amato, Larry Schiffenhaus, Anastasia Lazrides, Lauren Hageman, Gerard Monahan, and Brian Fiumara of CBRE.
Players
Blauvelt Other Market Snapshot
Boundary boundary · Other · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93