Cushman & Wakefield Brokers Sale Of Industrial Property At 110 Denton Avenue For $3.6M

The property involved in the transaction is located at 110 Denton Avenue in New Hyde Park. This industrial asset is a vacant warehouse/flex building with a total area of 12,500 square feet, situated on a 15,699 square foot lot. Constructed in 1963, it features a single-story layout and a mezzanine, along with a clear height of 16.5 feet. The property has gas utilities and is connected to city sewers, classified as Zoned Industrial B (I-B), allowing for various industrial and business uses. The sale price for this property was $3,600,000, which translates to $288 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,600,000
• Address: 110 Denton Avenue
• Market: New Hyde Park
• Square Footage: 12,500 SF
• Price Per Square Foot: $288
• Lot Size: 15,699 SF
• Construction Year: 1963
• Zoned: Industrial B (I-B)

The deal was facilitated by brokers Daniel Abbondandolo, Joegy Raju, and John Giannuzzi, all affiliated with Cushman & Wakefield. The property benefits from its proximity to the Merillon Avenue LIRR Station and multiple major roadways, enhancing logistics for potential business operations.