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34-52 Laurel Hill Boulevard

Updated Sep 3, 2026

Mission Food Inc Signs Double Net Lease For 44,220 SF Warehouse In Long Island City
LEASEDWarehouse

Mission Food Inc Signs Double Net Lease For 44,220 SF Warehouse In Long Island City

34-52 Laurel Hill Boulevard

Building Size

44,220 SF

Asset Type

Warehouse

Closing

Jun 29, 2026

About this deal

AI

The property involved is a warehouse and land asset located at 34-52 Laurel Hill Boulevard in Long Island City. The total square footage of the asset is 44,220. The lease pertains to a double net lease agreement. The landlord for this transaction is Realterm.

Summary of transation details:

Key individuals involved in this deal include tenant Mission Food Inc and the landlord Realterm. The landlord's representatives are David Junik and Decio Baio from Pinnacle Realty of New York, facilitating the lease agreement for the property.

On the Map

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Warehouse

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Players

David Junik

Pinnacle Realty of New York

Broker

$682.2M

vol

29 deals

Broker
RL
Realterm LogisticsLandlord

Mission Food Inc

Mission Food Inc

Tenant

1 deal

Tenant
Bilt advertisement

Maspeth Warehouse Market Snapshot

Boundary boundary · Warehouse · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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