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David Dishy Of LMXD Acquires Long Island City Industrial Property From Joseph Klyde For $6.5M
SOLD
$6,500,000
New York
See Similar DealsIndustrial6,000 SF
Sold
SOLD
David Dishy Of LMXD Acquires Long Island City Industrial Property From Joseph Klyde For $6.5M
35-10 43rd Street
See Similar DealsIndustrial6,000 SF
Sold
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$1083
Total Square Footage:6000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
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