Don Situ Purchases Industrial Asset At 40-17 24th Street Long Island City For $1.88M

The property asset involved in the transaction is located at 40-17 24th Street in Long Island City. It is classified as an industrial asset, featuring a sale price of $1,880,000 and comprising approximately 2,500 square feet, resulting in a price per square foot of $752.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,880,000
• Address: 40-17 24th Street
• Market: Long Island City
• Square Footage: 2,500
• Price Per Square Foot: $752
• Buyer: Don Situ
• Seller: Robert Schagrin
• Broker: Matthew Kaplon - Kaplon-Belo Real Estate

Key individuals in this deal include Don Situ as the buyer and Robert Schagrin as the seller. Matthew Kaplon, representing the buyer through Kaplon-Belo Real Estate, facilitated the transaction.