Carlo Bordone Purchases Industrial Property From The Miller Family In Long Island City For $4.2M

The asset involved in the transaction is an industrial property located at 22 02 37th Avenue in Long Island City, featuring a total square footage of 10,000. The property was sold for $4,200,000.00.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,200,000.00
• Address: 22 02 37th Avenue
• Market: Long Island City
• Square Footage: 10,000.0
• Buyer: Carlo Bordone
• Seller: The Miller Family

Reyes & El-Samad Real Estate Group represented both the seller and the purchaser in this off-market transaction. The sellers had owned the property for nearly 50 years, and the deal was delivered 100% occupied upon closing.