Ben Andreycak Purchases Industrial Property In Easton For $7 Million With JDS Real Estate Services
1200 Conroy Place
$7,000,000
$333/SF
Building Size
21,000 SF
Asset Type
Industrial
Closing
Sep 16, 2025
AI
The property asset involved in this transaction is an industrial asset located at 1200 Conroy Place in the Easton market. It was sold for a price of $7,000,000. The property encompasses a total area of 21,000 square feet and spans approximately 8.85 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Square Footage: 21,000 SF
- Price Per Square Foot: $333
- Acres: 8.85
- Buyer: Ben Andreycak
- Seller: James Palmeri
- Buyer’s Representative: Jennifer Stein – JDS Real Estate Services, Inc. referred by Jose Sasson Lerner & Roberto Susi – Axiom Capital Advisors
The transaction involved key representatives and firms, with Jennifer Stein of JDS Real Estate Services, Inc. representing the buyer, Crosswest Capital, as referred by Roberto Susi and Jose Sasson Lerner of Axiom Capital Advisors.
Players
Easton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93