Portex Inc. Acquires Industrial Land In Irvington For $2.05M

An industrial land located at 71-89 Cordier St. in Irvington has been sold for a total price of $2,050,000. The property spans over an area of 1.25 acres, resulting in a price per acre (PPA) of $1,640,000. The transaction was completed on June 11, 2021, with Portex Inc. as the buyer and Zev Steinmetz from Gramercy Real Estate Services LLC representing the buyer. Jason Lynch from Lee & Associates acted as the seller's representative in the deal.

Summary of transaction details

• Property Type: Industrial Land
• Transaction Amount: $2,050,000
• Address: 71-89 Cordier St.
• Market: Irvington
• Acres: 1.25
• Price Per Acre (PPA): $1,640,000

Zev Steinmetz from Gramercy Real Estate Services LLC represented Portex Inc. as their broker in this transaction. This successful sale of the industrial land highlights the involvement of key individuals and companies, such as Portex Inc. as the buyer and Zev Steinmetz and Jason Lynch as the buyer's and seller's representatives, respectively.