Updated Oct 29, 2024
Beacon Wind Land Acquires NRG Energy's Industrial Property In Astoria, Queens For $215.5M
31-01 20th Avenue, Queens, New York 11105, United States
$215,500,000
Building Size
—
Asset Type
Industrial
Closing
Jun 1, 2023
About this deal
AI
A 31-01 20th Avenue industrial property in Astoria, Queens, has been sold for $215,500,000. The transaction took place on January 6, 2023. The property, which is situated in the Astoria market, was sold by NRG Energy to Beacon Wind Land.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $215,500,000
- Date: January 6, 2023
- Address: 31-01 20th Avenue
- Market: Astoria, Queens
Mauricio Gutierrez captured an image of the property.
The industrial sale at 31-01 20th Avenue, Queens, New York 11105, United States in Astoria, New York sold for $215.5M in 2023. 31-01 20th Avenue, Queens, New York 11105, United States is classified as Industrial on Traded. This page is the Astoria, New York file for the 31-01 20th Avenue, Queens, New York 11105, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Astoria sit in the Market section below. Filter that Astoria industrial set by closing date to see what else sold near 31-01 20th Avenue, Queens, New York 11105, United States around 2023. Published consideration for 31-01 20th Avenue, Queens, New York 11105, United States is $215.5M, dated 2023. Cite this Beacon Wind Land Acquires NRG Energy's Industrial Property In Astoria, Queens For $215.5M sale when underwriting similar industrial product around Astoria, New York.
On the Map
$215,500,000
Industrial
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Players
Astoria Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93