Acquisition of a 65,850 sq. ft. office building in Woodbury, NY. The Property is located 29 miles east of NYC and situated off Jericho Turnpike, less than 1 mile from exit 44/45 of the Long Island Expressway and Northern State.

101 Crossways is a 100% leased single tenant building located on 4.24 acres. The tenant, CardWorks Services, has occupied the building for over 20 years and recently renewed through April 2030. The Property’s light industrial zoning designation provides long term redevelopment optionality. Krown Point led the acquisition efforts and invested in the partnership alongside the Sponsor, Jonis Realty. The Property was acquired in September 2023, Krown Point will provide property management and asset management support alongside Jonis Realty.