Updated Oct 29, 2024
Queens Medallion Leasing Signs 2-Year Industrial Lease At 3822 10th Street, New York
3822 10th St
$8,500
$8,500/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Jan 31, 2023
About this deal
AI
The industrial property located at 3822 10th Street in New York has been leased. The property spans across 6,000 square feet and was leased for a term of 2 years.
Summary of transaction details
- Property Type: Industrial
- Address: 3822 10th Street, New York
- Tenant: Basil Messados - Queens Medallion Leasing
- Landlord: Georgia Mavronasios
- Brokers: Luca DiCiero & Devin Navarro - NY Space Finders
- Asking Rent: $8,000/ft
Basil Messados, representing Queens Medallion Leasing, will be the tenant at 3822 10th Street. The leasing deal was facilitated by the brokers Luca DiCiero and Devin Navarro from NY Space Finders.
Players
Market 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
1866.24%
Cash-on-Cash
-533.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93