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417 West 126th Street

Rory McCreesh Sells Industrial Asset In West Harlem For $3.2M With JLL Brokers
SOLDIndustrial

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

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:

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

Hall Oster

JLL

Broker

$2.2B

vol

90 deals

Broker
JLL
JLLBrokerage

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