Flushing Asphalt Acquires Industrial Property In College Point Queens For $9.9 Million
New York
See Similar DealsFlushing Asphalt Acquires Industrial Property In College Point Queens For $9.9 Million
121 16 31st Avenue
See Similar DealsSummary
The property sold is an industrial asset located at 121-16 31st Avenue, College Point, Queens. The sale was completed for a total amount of $9,900,000, with a built square footage (BSF) of 951,400 and a price per built square foot (PPBSF) of $10. The property has a total square footage (SF) of 8,400, equating to a price per square foot (PPSF) of $1,179.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,900,000
- Buyer: Flushing Asphalt
- Seller: Brandon Rose
- Built Square Footage: 951,400
- Price per Built Square Foot: $10
- Total Square Footage: 8,400
- Price per Square Foot: $1,179
Flushing Asphalt, through Horan Properties LLC, was the acquiring entity for the industrial property along with two additional parcels situated in College Point, Queens. This transaction highlights the involvement of Horan Properties LLC in facilitating the acquisition process.
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