Updated Dec 19, 2023
Richard Ehrenhaus Acquires Industrial Property In Woodside For $6.6M
47-55 58th Street, Woodside, NY, USA
$6,600,000
$287/SF
Building Size
23,000 SF
Asset Type
Industrial
Closing
Feb 10, 2021
About this deal
AI
The industrial property located at 47-55 58th Street in Woodside has been sold in a closed transaction. The property spans 23,000 square feet and was sold for a price of $6,600,000, resulting in a price per square foot of $287. The previous sale of the property took place on January 2, 2001, for a price of $0.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,600,000
- Square Footage: 23,000
- Price per Square Foot: $287
- Address: 47-55 58th Street, Woodside
- Last Sale Price: $0 (01/02/2001)
The buyer in this transaction is Richard Ehrenhaus, while the seller is Stuart Salenger.
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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93