Andrew Adler Purchases Warehouse At 135 Woodhill Lane Manhasset From Thomas Brennan For $1,530,000
135 Woodhill Lane
$1,530,000
Building Size
—
Asset Type
Warehouse
Closing
Mar 24, 2021
About this deal
AI
The transaction involved a warehouse located at 135 Woodhill Lane in Manhasset, NY. The asset was sold for $1,530,000.00.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $1,530,000.00
- Buyer: Andrew Adler
- Seller: Thomas Brennan
- Broker: Alexander Boriskin - Douglas Elliman
This deal was facilitated by broker Alexander Boriskin, who represented Douglas Elliman. The sale marks a significant transaction within the Manhasset market involving key individuals in the local real estate sector.
The warehouse sale at 135 Woodhill Lane in MANHASSET, New York sold for $1.5M in 2021. 135 Woodhill Lane is classified as Warehouse on Traded. Alexander Boriskin, Thomas Brennan, Andrew Adler, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the MANHASSET, New York file for the 135 Woodhill Lane warehouse sold: pricing, party profiles, and other closed warehouse comps from the same MANHASSET sit in the Market section below. Filter that MANHASSET warehouse set by closing date to see what else sold near 135 Woodhill Lane around 2021. Published consideration for 135 Woodhill Lane is $1.5M, dated 2021. Cite this Andrew Adler Purchases Warehouse At 135 Woodhill Lane Manhasset From Thomas Brennan For $1,530,000 sale when underwriting similar warehouse product around MANHASSET, New York.
On the Map
$1,530,000
Warehouse
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Players
MANHASSET Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93