Updated Oct 28, 2024
Sing Your Wang Acquires Warehouse In Sunnyside, Queens For $4.75M
31 35th Street, Queens, New York 11101, United States
$4,750,000
$351/SF
Building Size
13,500 SF
Asset Type
Industrial
Closing
Mar 16, 2022
About this deal
AI
The warehouse located at 47-31 35th Street in Sunnyside, Queens, was recently sold for a price of $4,750,000. The property spans 13,500 square feet, resulting in a price per square foot of $351. The lot size measures 9,000 square feet, with dimensions of 90 feet by 100 feet.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,750,000
- Address: 47-31 35th Street, Sunnyside, Queens
- Market: Sunnyside, Queens
- Zoning: M1-4
- Buyer: Sing Your Wang
- Seller: Maria Tai Yu Hsueh
- Price per Square Foot: $351
- Lot Size: 9,000 square feet
- Lot Dimension: 90 ft x 100 ft
In this transaction, Sing Your Wang purchased the property from Maria Tai Yu Hsueh. Sing Your Wang was represented by their broker agent, who facilitated the deal on their behalf.
Players
New York 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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93