Updated Dec 21, 2023
Luca Diciero Of NYSpaceFinders Leases Industrial Property In Astoria To Peter Marschark
1950 Steinway Street, Astoria, NY, 11105, USA
Building Size
12,500 SF
Asset Type
Industrial
Closing
May 26, 2020
About this deal
AI
An industrial property located at 19-50 Steinway in Astoria has been leased. The lease was finalized on May 26, 2021. The property spans an area of 12,500 square feet.
Summary of transaction details
- Property Type: Industrial
- Date: 05/26/2021
- Address: 19-50 Steinway
- Market: Astoria
- Tenant: Peter Marschark
- Landlord: Bruno Carullo
- Broker: Luca Diciero - NYSpaceFinders
- Asking Rent: $20 per square foot
Luca Diciero from NYSpaceFinders represented Peter Marschark in the leasing transaction.
Traded’s record for 1950 Steinway Street, Astoria, NY, 11105, USA in New York, New York covers a industrial lease from 2020. Published size for 1950 Steinway Street, Astoria, NY, 11105, USA is 12,500 square feet. Luca DiCiero, NY Space Finders appear on the lease alongside NY Space Finders. This page is the New York, New York file for the 1950 Steinway Street, Astoria, NY, 11105, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else leased near 1950 Steinway Street, Astoria, NY, 11105, USA around 2020. Cite this Luca Diciero Of NYSpaceFinders Leases Industrial Property In Astoria To Peter Marschark lease when underwriting similar industrial product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93