Ben Andreycak Purchases Industrial Property In Easton For $7 Million With JDS Real Estate Services
SOLD
$7,000,000
Pennsylvania
See Similar DealsIndustrial21,000 SF
Sold 09/17/2025
SOLD
Ben Andreycak Purchases Industrial Property In Easton For $7 Million With JDS Real Estate Services
1200 Conroy Place
See Similar DealsIndustrial21,000 SF
Sold 09/17/2025
Summary
PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$333
Total Square Footage:21,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$373,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85
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