Updated May 13, 2025
John Stog Leases Industrial Space To Bon Bon A Swedish Candy Co At 47-39 35th Street
47 39 35th Street
$30
$30/SF
Building Size
15,000 SF
Asset Type
Industrial
Closing
Apr 14, 2025
About this deal
AI
The property involved in this transaction is an industrial asset located at 47-39 35th Street in Long Island City. The total square footage of the space is 15,000, with an asking rent of $30 per square foot. The lease type for this property is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $30/ft
- Lease Type: Modified Gross Lease
- Address: 47-39 35th Street
- Market: Long Island City
- Landlord: John Stog
- Tenant: Bon Bon A Swedish Candy Co
- Broker: Aryeh Vilinsky - BH Realty
This lease transaction involved key parties including landlord John Stog and tenant Bon Bon A Swedish Candy Co, with Aryeh Vilinsky of BH Realty representing the landlord in this agreement. The negotiation resulted in terms reflecting the asking rent and lease type, culminating in a successful transaction for both the landlord and tenant.
Players
Long Island City 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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93