Updated Jan 9, 2026
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
About this deal
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.
On the Map
$13,500,000
Development Site
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Players
Amsterdam Development Site Market Snapshot
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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