facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Industrial

/

Lease

/

19 50 Steinway Street

Onoufri Argento Of Argento Construction Leases Industrial Space From Landlord Bruno Carullo In Astoria
LEASEDIndustrial

Onoufri Argento Of Argento Construction Leases Industrial Space From Landlord Bruno Carullo In Astoria

19 50 Steinway Street

$28

$28/SF

Building Size

12,500 SF

Asset Type

Industrial

Closing

Sep 4, 2025

AI

The asset involved in this lease transaction is an industrial property located at 19-50 Steinway Street in Astoria. The asking rent for the property is $28 per square foot, amounting to a total of 12,500 square feet. The lease type is a modified gross lease.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $28/ft
  • SF: 12,500
  • Address: 19-50 Steinway Street
  • Market: Astoria
  • Landlord: Bruno Carullo
  • Tenant: Onoufri Argento/ Argento Construction
  • Brokers: Luca DiCiero & Devin Navarro - NY Space Finders
  • Lease Type: Modified Gross Lease

This transaction involved Bruno Carullo as the landlord and Onoufri Argento representing Argento Construction as the tenant. The brokers facilitating the deal were Luca DiCiero and Devin Navarro from NY Space Finders.

Players

Luca DiCiero

NY Space Finders

Broker

$124.3M

vol

151 deals

Broker
NY Space Finders
NY Space FindersBrokerage

Astoria Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

566535.71%

Cash-on-Cash

-161917.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93