Mehra Properties Acquires Industrial Property In Long Island City For $7.9M

The industrial property located at 36-35 35th Street in Long Island City has been sold for $7,900,000. The property spans 19,400 square feet, resulting in a price per square foot of $407. The transaction took place on July 5, 2022, and the buyer is Mehra Properties, represented by Ryan Mehra. The seller is Barbara Miller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,900,000
• Address: 36-35 35th Street
• Market: Long Island City
• Square Footage: 19,400
• Price per Square Foot: $407

Mehra Properties, led by Ryan Mehra, was the buyer in this transaction, while Barbara Miller was the seller. The deal showcases the active industrial market in Long Island City and the continued interest in industrial properties in the area.