Updated Jul 29, 2026
$2,200,000 Loan Secured For Industrial Property At 100 02 Atlantic Ave Ozone Park
100 02 Atlantic Ave
$2,200,000
$387/SF
Building Size
5,680 SF
Asset Type
Industrial
Closing
Nov 14, 2024
About this deal
AI
The property asset involved in this transaction is located at 100 02 Atlantic Ave in Ozone Park. It is identified as an industrial asset with a loan amount of $2,200,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,200,000.00
- Address: 100 02 Atlantic Ave
- Market: Ozone Park
- Brokers: Michael J. Gefter
This transaction includes the representation by broker Michael J. Gefter, who facilitated the loan arrangement for the property located at 100 02 Atlantic Ave in Ozone Park.
The industrial loan at 100 02 Atlantic Ave in Ozone Park, New York financed for $2.2M in 2024. The building is 5,680 square feet, implying about 387 per square foot on the published price. Named participants on the 100 02 Atlantic Ave loan are Michael J. Gefter. This page is the Ozone Park, New York file for the 100 02 Atlantic Ave industrial financed: pricing, party profiles, and other closed industrial comps from the same Ozone Park sit in the Market section below. Filter that Ozone Park industrial set by closing date to see what else financed near 100 02 Atlantic Ave around 2024. Published consideration for 100 02 Atlantic Ave is $2.2M, dated 2024. Cite this $2,200,000 Loan Secured For Industrial Property At 100 02 Atlantic Ave Ozone Park loan when underwriting similar industrial product around Ozone Park, New York.
Ozone Park Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93