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36 17 20th Avenue

Slawek Stiaktowski Purchases Industrial Property At 36-17 20th Avenue In Astoria For $5.1M
SOLDIndustrial

Slawek Stiaktowski Purchases Industrial Property At 36-17 20th Avenue In Astoria For $5.1M

36 17 20th Avenue

$5,100,000

$500/SF

Building Size

10,200 SF

Asset Type

Industrial

Closing

Jul 6, 2025

AI

The asset involved in the transaction is an industrial property located at 36-17 20th Avenue in the Astoria market. The sale price of the property is $5,100,000, with a total square footage of 10,200, resulting in a price per square foot of $500.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,100,000
  • Address: 36-17 20th Avenue
  • Market: Astoria
  • Square Footage: 10,200
  • Price per Square Foot: $500
  • Buyer: Slawek Stiaktowski
  • Seller: Phillip Adams
  • Buyer's Representative: Luca DiCiero & Devin Navarro - NY Space Finders

In this transaction, Luca DiCiero and Devin Navarro represent the buyer, Slawek Stiaktowski, while the property was sold by Phillip Adams, detailing the key participants involved in the deal.

Players

Luca DiCiero

NY Space Finders

Broker

$124.3M

vol

151 deals

Broker
NY Space Finders
NY Space FindersBrokerage

Astoria 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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93