Updated Sep 9, 2024
NAI CIR Brokers Sell Industrial Property On E. 7th Ave In York, PA For $6.3M
333 East 7th Avenue, York, Pennsylvania 17404, United States
$6,300,000
$50,400/SF
Building Size
125 SF
Asset Type
Industrial
Closing
Apr 17, 2023
About this deal
AI
The property involved in this closed transaction is an industrial asset located at 333 E. 7th Ave in York, Pennsylvania. The property spans approximately 4.37 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,300,000
- Square Footage: 125,000
- Price per Square Foot: $51
- Date of Transaction: 12/27/2022
- Market: York, Pennsylvania
The transaction was facilitated by Robin Zellers and Nik Sgagias, who represent NAI CIR. They acted as the brokers in this deal.
The industrial sale at 333 East 7th Avenue, York, Pennsylvania 17404, United States in York, Pennsylvania sold for $6.3M in 2023. The building is 125 square feet, implying about 50.4K per square foot on the published price. Robin Zellers, NAI Global appear on the sale alongside NAI Global. This page is the York, Pennsylvania file for the 333 East 7th Avenue, York, Pennsylvania 17404, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same York sit in the Market section below. Filter that York industrial set by closing date to see what else sold near 333 East 7th Avenue, York, Pennsylvania 17404, United States around 2023. Published consideration for 333 East 7th Avenue, York, Pennsylvania 17404, United States is $6.3M, dated 2023. Cite this NAI CIR Brokers Sell Industrial Property On E. 7th Ave In York, PA For $6.3M sale when underwriting similar industrial product around York, Pennsylvania.
Players
York 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93