Updated Mar 3, 2026
Michael Maunsell Of SymmetryCRG Leases 12,000 SF Industrial Space At 15-08 College Point Boulevard
15 08 College Point Boulevard
$34
$34/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Oct 7, 2025
About this deal
AI
The property asset involved in this transaction is an industrial space located at 15-08 College Point Boulevard in the College Point market. The asking rent for the space is $34 per square foot, encompassing a total area of 12,000 square feet. The lease type for this transaction is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $34/ft
- Square Footage: 12,000
- Address: 15-08 College Point Boulevard
- Market: College Point
- Lease Type: Modified Gross Lease
- Broker: Michael Maunsell - SymmetryCRG
Michael Maunsell of SymmetryCRG represents the landlord in this lease transaction and is available for inquiries regarding other properties or spaces in Queens or Brooklyn that may be coming available for rent or sale. Interested parties can reach out for a complimentary market evaluation or to discuss leasing and sale opportunities.
On the Map
$34
$34/SF
Industrial
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Players
College Point 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
466558.82%
Cash-on-Cash
-133343.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93