Updated Oct 29, 2024
RREEF America Acquires Industrial Asset In New York City Boroughs For $43.1M
145 68 228th St, Jamaica, Ny 11413, Usa
Building Size
68,600 SF
Asset Type
Industrial
Closing
Sep 16, 2017
About this deal
AI
The industrial property located at 145-68 228th Street in New York City has been sold in a closed transaction. The transaction took place in the NYC Boroughs market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $43,133,333
- Address: 145-68 228th Street, New York
The seller of the property was InterCapital Realty Corp, while the buyer was RREEF America.
Traded’s record for 145 68 228th St, Jamaica, Ny 11413, Usa in Springfield Gardens, New Jersey covers a industrial sale from 2017. The building is 68,600 square feet, implying about 0 per square foot on the published price. This page is the Springfield Gardens, New Jersey file for the 145 68 228th St, Jamaica, Ny 11413, Usa industrial sold: pricing, party profiles, and other closed industrial comps from the same Springfield Gardens sit in the Market section below. Filter that Springfield Gardens industrial set by closing date to see what else sold near 145 68 228th St, Jamaica, Ny 11413, Usa around 2017. Cite this RREEF America Acquires Industrial Asset In New York City Boroughs For $43.1M sale when underwriting similar industrial product around Springfield Gardens, New Jersey.
Players
Springfield Gardens Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93