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133-33 Brookville Boulevard...

Joel Kiss Acquires Office Building In Rosedale, Queens For $29.5M
SOLDOffice

Joel Kiss Acquires Office Building In Rosedale, Queens For $29.5M

133-33 Brookville Boulevard, Rosedale, Queens County, NY, USA

$29,500,000

$113/SF

Building Size

259,963 SF

Asset Type

Office

Closing

May 9, 2021

AI

The office property located at 133-33 Brookville Boulevard in Rosedale, Queens has been sold for a price of $29,500,000. The property has a building square footage (BSF) of 90,265 and a price per BSF (PPBSF) of $326. The total square footage (SF) of the property is 259,963, with a price per square foot (PPSF) of $113. The lot size is 180,513 square feet, with the dimensions measuring 781 ft x 590 ft. The property falls under the R2 and C1-3 zoning categories and has a floor area ratio (FAR) of 1.44. The tax class for the property is 4.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $29,500,000
  • Address: 133-33 Brookville Boulevard, Rosedale, Queens
  • Market: Rosedale, Queens
  • BSF: 90,265
  • PPBSF: $326
  • SF: 259,963
  • PPSF: $113
  • LOT SIZE: 180,513
  • Zoning: R2, C1-3
  • FAR: 1.44
  • Tax Class: 4
  • Lot Dimensions: 781 ft x 590 ft

The buyer of the property is Joel Kiss, while the seller is Anthony P DiTommaso Jr. No additional information is available about the individuals or companies involved in the transaction.

Players

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.54%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93