Updated Dec 21, 2023
Adam Gold Acquires Industrial Property In Maspeth For $7.3M
54-59 43rd Street, Queens, New York 11378, United States
$7,300,000
$476/SF
Building Size
15,320 SF
Asset Type
Industrial
Closing
Jun 7, 2022
About this deal
AI
An industrial property located at 54-59 43rd Street in Maspeth has been sold for $7,300,000. The property spans 15,320 square feet, resulting in a price per square foot of $476. The transaction took place on June 8, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,300,000
- Square Footage: 15,320
- Price per Square Foot: $476
- Market: Maspeth
The buyer of the property is Adam Gold, while the seller is Shou An Li.
The industrial sale at 54-59 43rd Street, Queens, New York 11378, United States in New York, New York sold for $7.3M in 2022. The building is 15,320 square feet, implying about 476 per square foot on the published price. This page is the New York, New York file for the 54-59 43rd Street, Queens, New York 11378, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 54-59 43rd Street, Queens, New York 11378, United States around 2022. Published consideration for 54-59 43rd Street, Queens, New York 11378, United States is $7.3M, dated 2022. Cite this Adam Gold Acquires Industrial Property In Maspeth For $7.3M sale when underwriting similar industrial product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93