Bow Tie Partners Acquires Industrial Property In Ridgewood, Queens For $13.2M

Located at 16-30 Cody Ave in Ridgewood, Queens, this industrial property has been sold in a closed transaction. The property spans 60,000 square feet and was sold at a price of $13,225,000, resulting in a price per square foot of $220.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,225,000
• Address: 16-30 Cody Ave, Ridgewood, Queens
• Market: Ridgewood, Queens

The buyer in this transaction is Bow Tie Partners, while the seller is Anthony James Levental. The deal was facilitated by the brokers Daniel OBrien, Will Diana, Caroline Hodes, and Dylan Walsh, who represent Cushman & Wakefield. It is worth noting that this is the second of four sales to be closed in 2022 on this corridor in Ridgewood, all led by Will Diana, Cushman and Wakefield's Outer Borough Industrial Specialist. Cushman & Wakefield will also be handling the leasing for 16-30 Cody Avenue.

If you're interested in this property or would like more information about the transaction, you can reach out to Will Diana at 718-512-2622.