facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Industrial

/

Sale

/

38-17 Crescent Street

John Mini Distinctive Landscapes Acquires Industrial Property At 38-17 Crescent Street For $3,665,000
SOLDIndustrial

John Mini Distinctive Landscapes Acquires Industrial Property At 38-17 Crescent Street For $3,665,000

38-17 Crescent Street

$3,665,000

$374/SF

Building Size

9,800 SF

Asset Type

Industrial

Closing

Jul 1, 2026

AI

The property asset involved in this transaction is an industrial property located at 38-17 Crescent Street in the Long Island City market. The sale closed for a total of $3,665,000, encompassing 9,800 square feet, which translates to a price per square foot of $373.

Summary of transaction details:

The deal involved key individuals including the buyer John Mini Distinctive Landscapes. Seller representation was provided by Ruben Kast De Martinez and Michael Maunsell from SymmetryCRG along with Rein Mäekask from DY Realty Group. Danny Tack represented the buyer from Pinnacle Realty, highlighting the collaboration among different agencies during this transaction.

Players

Danny Tack

Pinnacle Realty of New York

Broker

$178.7M

vol

2 deals

Broker

John Mini Distinctive Landscapes

John Mini Distinctive Landscapes

Buyer

$3.7M

vol

1 deal

Buyer

Long Island City Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.33%

Cash-on-Cash

-1.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93