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