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264 Sunrise Hwy

Retail Lease Signed At 264 Sunrise Hwy Rockville Centre With Five Point Real Estate As The Broker
SOLDRetail

Retail Lease Signed At 264 Sunrise Hwy Rockville Centre With Five Point Real Estate As The Broker

264 Sunrise Hwy

$2,500,000

Building Size

Asset Type

Retail

Closing

Jan 1, 2015

AI

The property asset is located at 264 Sunrise Hwy in Rockville Centre, categorized as retail. The transaction was finalized on 01/01/2015.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 264 Sunrise Hwy
  • Market: Rockville Centre
  • Brokers involved: Corey Gluckstal from Five Point Real Estate, Guy Canzoneri from Berkshire Hathaway HomeServices, Thomas Caliendo from Tide Realty Group

This lease transaction involved key individuals representing different agencies, specifically Corey Gluckstal from Five Point Real Estate, Guy Canzoneri from Berkshire Hathaway HomeServices, and Thomas Caliendo from Tide Realty Group.

Players

Corey Gluckstal

Five Point Real Estate

Broker

$78.6M

vol

6 deals

Broker

Questus Capital

Buyer
Buyer

Phil Hershkowitz

Seller
Seller

Rockville Centre Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93