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

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SOLD
$13,500,000

New York

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Development Site
Sold 01/08/2026
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Property Image
SOLD

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

State Highway 5 S

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Development Site
Sold 01/08/2026
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Summary

NEW YORK
Asset Type:Development Site
Transaction Type:Sale

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
1 deal$13.5M volume(203) 705-2248
BROKER

SELLER

Details

SOLD
IMAGE: Adam Winstanley, Andy Jassy & James Panczykowski DATE: 01/08/2026 ADDRESS: State Highway 5 S MARKET: Florida, NY ASSET TYPE: Development Site ~ ACRES: 143 BUYER: Andy Jassy - Amazon (@Amazon) SELLER: Adam Winstanley - Winstanley Enterprises BROKER: James Panczykowski - JLL (@JLL) SALE PRICE: $13,500,000 NOTE: JLL brokered the $13.5 million sale of the 143-acre Mohawk Valley Industrial Center in Florida, NY, to Amazon, which plans a multi-story distribution facility on the fully approved site.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$720,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65