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94-15 100th St, Jamaica, NY...

Updated Oct 29, 2024

Greenpoint Manufacturing And Design Center Acquires Industrial Property In Queens, New York For $14.6M
SOLDIndustrial

Greenpoint Manufacturing And Design Center Acquires Industrial Property In Queens, New York For $14.6M

94-15 100th St, Jamaica, NY 11416, USA

Building Size

82,857 SF

Asset Type

Industrial

Closing

Dec 9, 2017

About this deal

AI

The industrial property located at 94-15 100th Street in Queens, New York was recently sold for a total of $14,600,000. The property is owned by 1898 Realty LLC and was purchased by Greenpoint Manufacturing and Design Center.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,600,000
  • Address: 94-15 100th Street, Queens, New York
  • Market: Queens

Greenpoint Manufacturing and Design Center acquired the industrial property from 1898 Realty LLC in a closed transaction.

Traded’s record for 94-15 100th St, Jamaica, NY 11416, USA in Ozone Park, New York covers a industrial sale from 2017. The building is 82,857 square feet, implying about 0 per square foot on the published price. This page is the Ozone Park, New York file for the 94-15 100th St, Jamaica, NY 11416, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Ozone Park sit in the Market section below. Filter that Ozone Park industrial set by closing date to see what else sold near 94-15 100th St, Jamaica, NY 11416, USA around 2017. Cite this Greenpoint Manufacturing And Design Center Acquires Industrial Property In Queens, New York For $14.6M sale when underwriting similar industrial product around Ozone Park, New York.

Players

Ozone Park 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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