Updated Sep 24, 2025
Rory McCreesh Sells Industrial Asset In West Harlem For $3.2M With JLL Brokers
417 West 126th Street
$3,200,000
$257/SF
Building Size
12,420 SF
Asset Type
Industrial
Closing
Sep 3, 2025
About this deal
AI
The property asset involved in this transaction is located at 417 West 126th Street in West Harlem. This industrial asset was sold for a price of $3,200,000, covering a total area of 12,420 square feet, resulting in a price per square foot of $257.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,200,000
- Address: 417 West 126th Street
- Market: West Harlem
- Square Feet: 12,420
- Price Per Square Foot: $257
- Seller: Rory McCreesh
- Broker Representatives: Teddy Galligan, Hall Oster, Paul Smadbeck & Conrad Martin - JLL
The sale involved Rory McCreesh as the seller, with Teddy Galligan, Hall Oster, Paul Smadbeck, and Conrad Martin representing the transaction through JLL. These brokers facilitated the deal in the industrial market of West Harlem.
Players
New York 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93