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30-75 21st St, Queens, NY 1...

Updated Dec 21, 2023

Szilvia Barnett Acquires Industrial Property In Queens For $13M From Seller Gloria Kellarakos
SOLDIndustrial

Szilvia Barnett Acquires Industrial Property In Queens For $13M From Seller Gloria Kellarakos

30-75 21st St, Queens, NY 11102, Estados Unidos

$13,000,000

$325/SF

Building Size

40,000 SF

Asset Type

Industrial

Closing

Oct 27, 2020

About this deal

AI

The industrial property located at 30-75 21 Street in Queens was recently sold for $13,000,000. The property has a lot size of 100 ft x 100 ft and a building square footage of 40,000. The buyer, Szilvia Barnett, purchased the property from the seller, Gloria Kellarakos. The property is zoned as R7A and C2-3.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $13,000,000
  • Lot Size: 100 ft x 100 ft
  • Building Square Footage: 40,000
  • Buyer: Szilvia Barnett
  • Seller: Gloria Kellarakos
  • Zoning: R7A, C2-3

This transaction highlights the successful collaboration between the buyer, Szilvia Barnett, and the seller, Gloria Kellarakos. Both parties were represented by their respective brokers throughout the deal.

Players

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $325 per square foot on a published $13M for 40,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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