facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Sale

/

33-02 Skillman Avenue

Vincent Lopez & Jacques Wadler Of Knickerbocker Realty Group Represent Buyer In $18M Sunnyside Office Sale
SOLDOffice

Vincent Lopez & Jacques Wadler Of Knickerbocker Realty Group Represent Buyer In $18M Sunnyside Office Sale

33-02 Skillman Avenue

$18,000,000

$172/SF

Building Size

104,150 SF

Asset Type

Office

Closing

Jun 4, 2026

AI

The asset involved in this transaction is an office property located at 33-02 Skillman Avenue in the Sunnyside market. The sale was conducted for a total amount of $18,000,000, encompassing a total square footage of 89,315, resulting in a price per square foot of $202.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $18,000,000
  • Square Footage: 89,315
  • Price per Square Foot: $202
  • Address: 33-02 Skillman Avenue
  • Market: Sunnyside

The key individuals representing the seller in this transaction were Victor Sozio, Alexander Taic, and Michael A. Tortorici from Ariel Property Advisors, alongside Randy Modell and Steven Hornstock from ABS Partners Real Estate. On the buyer's side, the representatives were Vincent Lopez and Jacques Wadler of Knickerbocker Realty Group.

Players

Alexander Taic

Ariel Property Advisors

Broker

$148.4M

vol

20 deals

Broker

Long Island City Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93