Updated Nov 28, 2024
Prologis Acquires Industrial Property In Ridgewood, Queens For $21.5M
24 Woodward Ave, New Haven, CT 06512, USA
$21,500,000
$17/SF
Building Size
1,200,000 SF
Asset Type
Industrial
Closing
Dec 26, 2019
About this deal
AI
An industrial property located at 24 Woodward Avenue in Ridgewood, Queens has been sold in a closed transaction. The property spans 120,000 square feet and was purchased for a price of $21,500,000, resulting in a price per square foot of $179.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,500,000
- Size: 120,000 square feet
- Price per square foot: $179
- Address: 24 Woodward Avenue, Ridgewood, Queens
Prologis, a real estate investment company, has acquired the property. The seller, Willowen Management Corp., was represented by Michael Ghitelman.
Waterbury Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Prologis to view all their deals.
Browse Waterbury industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93