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Cloud Catering Acquires Industrial Property From Herbert Jaffe At 40-11 Skillman Avenue For $3.1M

Property Image
SOLD
$3,100,000
Brendan Burke
Brian Jaffe
Paul Bralower
+ 1

New York

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Industrial4,875 SF
Sold 07/11/2025
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Property Image
SOLD

Cloud Catering Acquires Industrial Property From Herbert Jaffe At 40-11 Skillman Avenue For $3.1M

40 11 Skillman Avenue

See Similar Deals
Industrial4,875 SF
Sold 07/11/2025
Brendan Burke
Brian Jaffe
Paul Bralower
+ 1
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$635
Total Square Footage:4,875 SF
Transaction Type:Sale

This transaction involved an industrial property located at 40-11 Skillman Avenue in the Long Island City market. The sale price for the asset was $3,100,000, and the property encompasses a total of 4,875 square feet, resulting in a price per square foot of $635.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,100,000
  • Address: 40-11 Skillman Avenue
  • Market: Long Island City
  • Square Footage: 4,875
  • Price per Square Foot: $635
  • Buyer: Cloud Catering
  • Seller: Herbert Jaffe
  • Buyer's Representative: Brendan Burke, Paul Bralower & Louis Fuery - Pinnacle Realty of New York
  • Seller's Representative: Brian Jaffe – Jaffe Realty, LLC

Brendan Burke, Paul Bralower, and Louis Fuery represented Cloud Catering as the buyer's representatives in this transaction, while Brian Jaffe served as the seller's representative through Jaffe Realty, LLC.

Players

Brendan Burke
Pinnacle Realty of New York
Brendan Burke
14 deals$68M volume(718) 371-6403
BROKER
Brian Jaffe
Jaffe Realty LLC
Brian Jaffe
9 deals$107.8M volume
BROKER
Paul Bralower
Pinnacle Realty of New York
Paul Bralower
14 deals$83.9M volume(718) 371-6402
BROKER
Louis Fuery
Pinnacle Realty of New York
Louis Fuery
2 deals$10.1M volume(718) 371-6407
BROKER
Pinnacle Realty of New York
Pinnacle Realty of New York
BROKERAGE

Details

SOLD
IMAGE: Paul Bralower, Brendan Burke, Louis Fuery & Brian Jaffe DATE: 7/11/2025 ADDRESS: 40-11 Skillman Avenue MARKET: Long Island City ASSET TYPE: Industrial BUYER: Cloud Catering SELLER: Herbert Jaffe BUYER'S REP: Brendan Burke, Paul Bralower & Louis Fuery - Pinnacle Realty of New York (@PinnacleRENY) SELLER'S REP: Brian Jaffe – Jaffe Realty, LLC SALE PRICE: $3,100,000 SF: 4,875 ~ PPSF: $635

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