Evan Peters Leases Industrial Space To Jian Li Of Ideal Auto Group In Woodside For $25/ft
33 20 55th Street
$25
$25/SF
Building Size
21,500 SF
Asset Type
Industrial
Closing
Dec 18, 2025
AI
This industrial asset located at 33-20 55th Street in Woodside has a total area of 21,500 square feet. The property is under a modified gross lease agreement with an asking rent of $25 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $25/ft
- Lease Type: Modified Gross Lease
- Landlord: Evan Peters
- Tenant: Jian Li - Ideal Auto Group
- Brokers: Luca DiCiero & Devin Navarro - NY Space Finders
- Date of Transaction: 12/19/2025
Luca DiCiero and Devin Navarro represented the landlord and tenant in this leasing transaction, facilitating the agreement between Evan Peters and Jian Li of Ideal Auto Group.
Players
Woodside 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
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93