John Constantakis Acquires Industrial Asset At 49-18 25th Avenue From Ralph Curatolo For $2M
SOLD
New York
See Similar DealsIndustrial4,500 SF
Sold 10/24/2025
SOLD
John Constantakis Acquires Industrial Asset At 49-18 25th Avenue From Ralph Curatolo For $2M
49 18 25th Avenue
See Similar DealsIndustrial4,500 SF
Sold 10/24/2025
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$444
Total Square Footage:4,500 SF
Transaction Type:Sale
The property involved in this transaction is an industrial asset located at 49-18 25th Avenue in the Woodside market. It was sold for $2,000,000, with a total square footage of 4,500 and a price per square foot of $444.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,000,000
- Address: 49-18 25th Avenue
- Market: Woodside
- Square Footage: 4,500
- Price per Square Foot: $444
- Buyer: John Constantakis
- Seller: Ralph Curatolo
- Brokers: Luca DiCiero & Rocco Pasquariello - NY Space Finders
The individuals involved in this transaction include buyer John Constantakis and seller Ralph Curatolo, with broker representation provided by Luca DiCiero and Rocco Pasquariello from NY Space Finders, facilitating the sale process.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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