David Dishy Of LMXD Acquires Long Island City Industrial Property From Joseph Klyde For $6.5M
35-10 43rd Street
$6,500,000
$1,083/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Mar 3, 2026
AI
An industrial asset located at 35-10 43rd Street in Long Island City, Queens has been sold for $6,500,000. The property encompasses a total area of 6,000 square feet, resulting in a price per square foot of $1,083.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Square Footage: 6,000 SF
- Price Per Square Foot: $1,083
- Buyer: David Dishy - LMXD
- Seller: Joseph Klyde
- Date of Sale: March 3, 2026
David Dishy, representing LMXD, has acquired this industrial property from seller Joseph Klyde, marking a significant transaction in the Long Island City market.
Players
Long Island City Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93