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State Highway 5 S

Andy Jassy Of Amazon Acquires 143 Acre Development Site In Florida NY For $13.5M
SOLDDevelopment Site

Andy Jassy Of Amazon Acquires 143 Acre Development Site In Florida NY For $13.5M

State Highway 5 S

$13,500,000

Building Size

Asset Type

Development Site

Closing

Jan 8, 2026

AI

The property involved in this transaction is a 143-acre development site located at State Highway 5 S in Florida, NY. The transaction was executed for a sale price of $13,500,000. This site is fully approved for development and is designated as the Mohawk Valley Industrial Center, earmarked for a multi-story distribution facility by the buyer, Amazon.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $13,500,000
  • Address: State Highway 5 S
  • Market: Florida, NY
  • Asset Size: 143 acres
  • Buyer: Andy Jassy - Amazon
  • Seller: Adam Winstanley - Winstanley Enterprises
  • Broker: James Panczykowski - JLL

JLL played a significant role in brokering the sale of this property, facilitating the transactions between the buyer and the seller. The individuals involved include Andy Jassy representing Amazon, and Adam Winstanley acting on behalf of Winstanley Enterprises, with James Panczykowski serving as the broker in the arrangement.

Players

James Panczykowski

JLL

Broker

$13.5M

vol

1 deal

Broker
WE
Winstanley EnterprisesSeller

Amsterdam Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93