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130-11 Atlantic Avenue

Abro Wood Works Leases Industrial Space At 130-11 Atlantic Avenue For $20 Per Ft
LEASEDIndustrial

Abro Wood Works Leases Industrial Space At 130-11 Atlantic Avenue For $20 Per Ft

130-11 Atlantic Avenue

$320,000

$320,000/SF

Building Size

14,500 SF

Asset Type

Industrial

Closing

May 6, 2026

AI

The property located at 130-11 Atlantic Avenue, Richmond Hill, is an industrial asset with a lease agreement involving a tenant named Abro Wood Works. The asking rent for this property is set at $20 per square foot, encompassing a total area of 14,500 square feet. The lease term has been established for 10 years under a Full Service Gross lease type.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20/ft
  • Lease Term: 10 Years
  • Lease Type: Full Service Gross
  • Address: 130-11 Atlantic Avenue, Richmond Hill
  • Broker: William Diana - WTD Realty Partners
  • Tenant: Abro Wood Works

William Diana from WTD Realty Partners represents the leasing transaction. The building is also exclusively up for sale via WTD Realty Partners, and interested parties can contact William Diana for more details at 212-201-3511 or via email at [email protected].

Players

William Diana

WTD Realty Partners

Broker

$110.3M

vol

33 deals

Broker

Richmond Hill Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

49.57%

Cash-on-Cash

-14.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93