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37 03 Woodside Avenue

Pinnacle Realty Of New York Represents Buyers Paul Bralower Brendan Burke JianLi Zou In $5.6M Queens Industrial Sale
SOLDIndustrial

Pinnacle Realty Of New York Represents Buyers Paul Bralower Brendan Burke JianLi Zou In $5.6M Queens Industrial Sale

37 03 Woodside Avenue

$5,600,000

$487/SF

Building Size

11,500 SF

Asset Type

Industrial

Closing

May 5, 2025

AI

The property asset involved in this transaction is an industrial space located at 37-03 Woodside Avenue in Queens. The sale price of the property was $5,600,000, with a total square footage of 11,500, resulting in a price per square foot of $486.

Summary of transaction details:

The transaction involved multiple representatives from the buyer's side, specifically Paul Bralower, Brendan Burke, and JianLi Zou, who collectively represented the buyer in the deal. On the seller's side, Kris Jimenez served as the representative for the seller, facilitating the transaction through DY Realty Group.

Players

Brendan Burke

Broker

$68M

vol

14 deals

Broker

Woodside 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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93