G2D Development Acquires Industrial Property In Nassau County For $2.15M

An industrial property located at 1 Channel Drive in Nassau County was recently sold for $2,150,000. The property spans 7,245 square feet, resulting in a price per square foot of $297. The sale was facilitated by Corey Gluckstal from FivePointRealEstate, who represented the buyer, G2D Development.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,150,000
• Address: 1 Channel Drive, Nassau County
• Market: Nassau County
• Buyer: G2D Development
• Broker: Corey Gluckstal - FivePointRealEstate
• Square Footage: 7,245
• Price Per Square Foot: $297

G2D Development, represented by Corey Gluckstal from FivePointRealEstate, acquired the industrial property located at 1 Channel Drive. FivePointRealEstate is a prominent commercial real estate firm based in Melville, New York. The firm specializes in the sale and management of various income-producing properties, including multi-family, industrial, retail shopping centers, net leased properties, medical office buildings, and land and development deals. They have extensive experience guiding clients through the complete life-cycle of a 1031 exchange, providing support for tax benefits, entity review, asset sale, and replacement property acquisition. For more information about FivePointRealEstate, you can contact them at [email protected].