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Oceanside Property Sold For $1.51M With Buyer's Representative Matthew Colantonio And Edward Gottlieb

Property Image
SOLD
$1,510,000

New York

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Retail3,000 SF
Sold
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Property Image
SOLD

Oceanside Property Sold For $1.51M With Buyer's Representative Matthew Colantonio And Edward Gottlieb

65 Atlantic Ave, Oceanside, NY, 11572

See Similar Deals
Retail3,000 SF
Sold
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$503
Total Square Footage:3000 SF
Transaction Type:Sale

The property located at 65 Atlantic Ave, Oceanside, NY, 11572, has a sale price of $1,510,000.00 and encompasses a total square footage of 3000. It is situated in the Oceanside market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $1,510,000.00
  • Address: 65 Atlantic Ave, Oceanside, NY, 11572
  • Market: Oceanside
  • Seller's Representative: Matthew (Matt) Colantonio, Edward Gottlieb - Schuckman Realty
  • Buyer: Unknown

Matthew (Matt) Colantonio and Edward Gottlieb from Schuckman Realty represent the seller in this transaction, while the identity of the buyer remains undisclosed.

Players

Edward Gottlieb
4 deals$5.3M volume
BROKER

Matthew (Matt) Colantonio
Schuckman Realty
5 deals$28.2M volume
BROKER

Details

SOLD
IMAGE: 65 Atlantic Ave, Oceanside, NY, 11572 MARKET: Oceanside SELLER'S REP: Matthew (Matt) Colantonio, Edward Gottlieb -Schuckman Realty BUYER: Unknown PRICE: $1,510,000.00 SF: 3000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$80,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,364.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,158.17
Annual Debt Service$85,898.04