Elion Partners Acquires Industrial Property In Jamaica, Queens For $58.1M

The industrial property located at 182-20 Liberty Ave. in Jamaica, Queens was recently sold for a price of $58,100,000. The asset type of the property is industrial and it falls under the M1-1 zoning category. The property spans an area of 180,795 square feet and the price per square foot is $321. The buyer of the property is Elion Partners, while the seller is Liberty Equites & Partners.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $58,100,000
• Address: 182-20 Liberty Ave., Jamaica, Queens
• Market: Jamaica, Queens
• Zoning: M1-1
• Buyer: Elion Partners
• Seller: Liberty Equites & Partners

Ariel Ben Ezra from OxfordNYC represented the buyer in the transaction, while Itan Rahmani, Yehuda Goltche, and Pascal Abitbol from MarksMen Group and VCPRE represented the seller. The deal was closed on 04/27/2021. For more off-market opportunities, interested parties can contact [email protected], [email protected], and [email protected] as indicated by VCPRE.