SOLDOffice
2615 Brooklyn Queens Expy
26-15 Brooklyn-Queens Expressway West
$25,200,000
Building Size
—
Asset Type
Office
Closing
Mar 8, 2018
AI
The property asset involved in the transaction is located at 2615 Brooklyn Queens Expy, Queens. The deal was closed for a price of $25,200,000.00, and the property has a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $25,200,000.00
- Address: 2615 Brooklyn Queens Expy, Queens
- Buyer: Terreno Realty Corporation
- Seller's Representative: Brian Ezratty - Newmark
The transaction involved Terreno Realty Corporation as the buyer, with Brian Ezratty from Newmark representing the seller in this deal.
Players
Woodside 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93