facebook
Traded Co logo
Submit

Clemente Alcamo Sells Industrial Property At 7017-7021 84th St Ridgewood Glendale For $3.4M

Property Image
SOLD
$3,400,000

New York

See Similar Deals
Industrial28,000 SF
Sold 09/06/2024
the dealplayerscompscontact
Property Image
SOLD

Clemente Alcamo Sells Industrial Property At 7017-7021 84th St Ridgewood Glendale For $3.4M

70-21 84th Street & 7017 84th Street

See Similar Deals
Industrial28,000 SF
Sold 09/06/2024
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$121
Total Square Footage:28,000 SF
Transaction Type:Sale

The asset involved in the transaction is an industrial property located at 7017-7021 84th St in Ridgewood, Glendale. The sale price of the property was $3,400,000, and it encompasses a total area of 14,000 square feet, leading to a price per square foot of $242.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,400,000
  • Square Footage: 14,000
  • Price per Square Foot: $242
  • Seller: Clemente Alcamo
  • Broker: Michael Makris - DY Realty Group
  • Date of Transaction: 09/06/2024
  • Market: Ridgewood, Glendale

Michael Makris of DY Realty Group represented both the seller, Clemente Alcamo, and the buyer in this transaction. He is available for inquiries regarding commercial properties for lease or sale, as well as requirements for business owners and investors in the NY market.

Players

Michael Makris
DY Realty Group
Michael Makris
3 deals$12.6M volume
BROKER

Details

SOLD
IMAGE: Michael Makris DATE: 09/06/2024 ADDRESS: 7017-7021 84th St MARKET: Ridgewood, Glendale ASSET TYPE: Industrial SELLER: Clemente Alcamo BROKER: Michael Makris (@NYC.Industrial.RE) - DY Realty Group (@DYRealtyGroup) SALE PRICE: $3,400,000 SF: 14,000 ~ PPSF: $242 NOTE FROM BROKER: Michael Makris of DY Realty Group represented both the seller and the buyer. Please feel free to reach out to Michael directly should you have commercial properties available for lease/sale, or if you’re a business owner/investor with requirements in the NY market. high priority properties: -industrial land / IOS -residential development sites (+20,000 bsf) -small bay industrial -warehouse +20,000 sf -high ceiling space (+20’) -cold storage facilities

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$181,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82