Ferrara Manufacturing Corp. Acquires Industrial Property In Long Island City For $8.4M

Ferrara Manufacturing Corp., represented by Joseph Ferrara, has acquired an industrial property located at 37-01 30th Street in Long Island City. The property was sold by @SlatePropertyGroup for a transaction amount of $8,400,000. The building spans across 45,500 square feet, resulting in a price per square foot of $184.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,400,000
• Address: 37-01 30th Street
• Market: Long Island City

The buyer in this transaction was Ferrara Manufacturing Corp., with Joseph Ferrara representing the company. On the other side, @SlatePropertyGroup acted as the seller. The deal showcases the growing industrial market in Long Island City, with the property offering 45,500 square feet of space at a price per square foot of $184.