Oceanside Property Sold For $1.51M With Buyer's Representative Matthew Colantonio And Edward Gottlieb
65 Atlantic Ave, Oceanside, NY, 11572
$1,510,000
$503/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Jul 14, 2021
About this deal
AI
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.
On the Map
$1,510,000
$503/SF
Retail
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Players
Oceanside 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
10.51%
Cash-on-Cash
-3.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93