Michael A Capasso Acquires Warehouse In Jamaica, Queens For $13.75M From Sheldon Schiff

The warehouse located at 107-10 180 Street in Jamaica, Queens has been sold for a price of $13,750,000. The property has a building square footage (BSF) of 153,600, with a price per BSF (PPBSF) of $89. The total square footage (SF) of the warehouse is 21,504, with a price per SF (PPSF) of $639. The lot size is 153,600 and the warehouse is zoned as M1-1, indicating it is suitable for industrial use.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $13,750,000
• Building Square Footage (BSF): 153,600
• Price per BSF (PPBSF): $89
• Total Square Footage (SF): 21,504
• Price per SF (PPSF): $639
• Lot Size: 153,600
• Zoning: M1-1

The buyer of the property is Michael A Capasso, while the seller is Sheldon Schiff. The transaction took place on the 11th of October, 2021. The property permits include an alteration 2 issued on May 14, 2015. The lot dimensions measure 299 feet by 683 feet.