Updated Aug 27, 2025
Damiano Petruccelli Acquires Industrial Property In College Point For $4.37M
2016 130th Street, College Point, NY 11356, USA
$4,375,000
$437/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
Apr 23, 2019
About this deal
AI
The industrial property located at 20-16 130th St in College Point has been sold for a price of $4.37 million. The property has a total square footage of 10,000 and a price per square foot of $437. The transaction took place on April 24, 2019.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4.37 million
- Address: 20-16 130th St
- Market: College Point
- Square Footage: 10,000
The seller of the property is Dan Gordon, while the buyer is Damiano Petruccelli. The deal was facilitated by Brian Jaffe from Jaffe Realty, representing both parties in the transaction.
On the Map
$4,375,000
$437/SF
Industrial
View full map
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Brian Jaffe to view all their deals.
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.63%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93