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
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.
Players
Oceanside Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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