Updated Jul 29, 2026
JianLi Zou Of Pinnacle Realty Represents Sale Of Industrial Asset In Flushing For $5.5M
134-01 33rd Avenue
$5,500,000
$578/SF
Building Size
9,500 SF
Asset Type
Industrial
Closing
Jul 21, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 134-01 33rd Avenue in Flushing. The sale price for this property was $5,500,000, and it encompasses a total area of 9,500 square feet, resulting in a price per square foot of $578.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,500,000
- Address: 134-01 33rd Avenue
- Market: Flushing
- Square Footage: 9,500
- Price Per Square Foot: $578
- Broker: JianLi "Johnny" Zou - Pinnacle Realty
The deal was facilitated by JianLi "Johnny" Zou, representing Pinnacle Realty. This transaction reflects the closing of a significant industrial real estate deal in the Flushing market.
Players
Flushing 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93