facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Industrial

/

Sale

/

36-09 34th Street

Updated Sep 9, 2024

Albert Maimone Acquires Industrial Property In Long Island City From Lore Gray
SOLDIndustrial

Albert Maimone Acquires Industrial Property In Long Island City From Lore Gray

36-09 34th Street

$1,200,000

$480/SF

Building Size

2,500 SF

Asset Type

Industrial

Closing

Jan 13, 2023

About this deal

AI

An industrial property located at 36-09 34th Street in Long Island City has been sold in a recent transaction. The property spans 2,500 square feet and was sold for a total price of $1,200,000, resulting in a price per square foot of $480. This transaction took place on January 13, 2023.

Summary of transaction details

The buyer in this transaction is Albert Maimone, while the seller is Lore Gray. The deal was facilitated by a team of brokers representing both parties. Dylan Walsh, Bobby Carrozzo, and William Diana from Cushman & Wakefield, as well as Luca DiCiero and Devin Navarro from NY Space Finders, worked on behalf of the buyer and seller to close the deal.

Players

Luca DiCiero

NY Space Finders

Broker

$128.9M

vol

155 deals

Broker
Artemis Realty Advisors
Artemis Realty AdvisorsBrokerage

Albert Maimone

Buyer

$2.4M

vol

2 deals

Buyer

Astoria Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

About $480 per square foot on a published $1.2M for 2,500 square feet (2023).

Visit Devin Navarro to view all their deals.

Browse Astoria industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets