Updated May 15, 2025
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: $5,600,000
- Address: 37-03 Woodside Avenue
- Market: Queens
- Square Footage: 11,500
- Price per Square Foot: $486
- Buyer's Representatives: Paul Bralower, Brendan Burke, and JianLi Zou - Pinnacle Realty of New York
- Seller's Representative: Kris Jimenez - DY Realty Group
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.
On the Map
$5,600,000
$487/SF
Industrial
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Players
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