FCA Acquires Property In Greenlawn For $420,000 With Buyer's Representative Gary Pezza
SOLD
$420,000
New York
See Similar DealsRetail2,100 SF
SOLD
FCA Acquires Property In Greenlawn For $420,000 With Buyer's Representative Gary Pezza
66 Broadway Greenlawn, Greenlawn...
See Similar DealsRetail2,100 SF
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:2,100 SF
Transaction Type:Sale
The property located at 66 Broadway Greenlawn, Greenlawn is a commercial asset, featuring a total square footage of 2100. The transaction for this property was finalized at a price of $420,000.00, indicating its market evaluation within the Greenlawn area.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $420,000.00
- Address: 66 Broadway Greenlawn, Greenlawn
- Market: Greenlawn
- Buyer: FCA
- Seller: Double Six Realty
- Buyer's Representative: Gary Pezza-Cushman & Wakefield
- Square Footage: 2100
Gary Pezza from Cushman & Wakefield represented the buyer, FCA, in this transaction, facilitating the deal between FCA and the seller, Double Six Realty. This representation underscores the brokerage's involvement in the market activities associated with the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$22,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,492.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,991.01
Annual Debt Service$23,892.17
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