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35-10 43rd Street

David Dishy Of LMXD Acquires Long Island City Industrial Property From Joseph Klyde For $6.5M
SOLDIndustrial

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

David Dishy

LMXD

Buyer

$502.1M

vol

4 deals

Buyer

Long Island City Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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