Power Tom Acquires Industrial Property From Liberty Plumbing & Heating For $1.25M In Woodhaven
87 14 92nd Street
$1,250,000
$477/SF
Building Size
2,617 SF
Asset Type
Industrial
Closing
Jan 13, 2026
AI
The property involved in this transaction is a vacant industrial warehouse located at 87-14 92nd Street in Woodhaven. It consists of 2,617 square feet and was sold for a total price of $1,250,000, which equates to approximately $477 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Sale Date: 1/14/2026
- Buyer: Power Tom
- Seller: Liberty Plumbing & Heating
- Seller's Representative: Eli Roerden & Bobby Lawrence - Matthews
- Square Footage: 2,617
- Price per Square Foot: $477
The sale was facilitated by Matthews, who represented the sellers in this transaction, achieving the full asking price from an owner/user. Eli Roerden can be contacted at (646) 809-7069 for inquiries regarding the market or similar deals.
Players
Woodhaven 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93