Joseph Sanzari Sells Industrial Property In Elmwood Park, NJ For $17.75M

The industrial property located at 19 Wallace Street in Elmwood Park, NJ, was sold for $17,750,000. The asset spans 40,000 square feet, resulting in a price per square foot of $444.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,750,000
• Address: 19 Wallace Street
• Market: Elmwood Park, NJ
• Seller: Joseph Sanzari - Sanzari Companies
• Brokers: Steven Bentolila - Bento Property Group; Solomon Michailow - S2 Property Group
• SF: 40,000
• PPSF: $444

Steven Bentolila from Bento Property Group and Solomon Michailow from S2 Property Group were the brokers involved in facilitating this transaction.