Andrew Joblon Of Turnbridge Equities Acquires Industrial Lot In College Point For $20M

A 103,000-square-foot vacant lot was sold for $20 million at 20-25 130th Street in College Point, Queens. The transaction involved an industrial asset, highlighting a significant investment in the area.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $20,000,000
• Buyer: Andrew Joblon - Turnbridge Equities
• Seller: Zano Industries
• Broker: Mathew Diana - DY Realty Group
• Price Per Square Foot: $194
• Total Square Footage: 103,000
• Market: College Point, Queens

The transaction was facilitated through a bankruptcy sale, indicating a strategic acquisition for Turnbridge Equities to enhance their portfolio in the industrial sector.