Gary Rosen Sells Industrial Property On Farragut Road In New York City For $5.15M With Michael Makris As Buyer's Rep

4420 Farragut Road, an industrial property, was recently sold in New York City. The property spans approximately 26,000 square feet and was sold for a total price of $5,150,000, which translates to a price per square foot of $198. The seller, Gary Rosen, was represented by Matthew Peters of Marcus & Millichap. Michael Makris of DY Realty Group acted as the buyer's representative in this transaction.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $5,150,000
• Address: 4420 Farragut Road, New York City
• Square Footage: 26,000
• Price per Square Foot: $198
• Seller: Gary Rosen
• Buyer's Representative: Michael Makris - DY Realty Group
• Seller's Representative: Matthew Peters - Marcus & Millichap

Matthew Peters, Team Leader of The Peters Team at Marcus & Millichap, exclusively represented the seller, Gary Rosen, in the sale of 4420 Farragut Road. The property offers an approximately 7,650 square feet building on a 26,000 square foot lot. This makes it an ideal choice for an end user looking to make use of the land while having access to a workshop or office space. The sale attracted multiple offers, with the final offer coming close to the full asking price. The seller's team, led by Matthew Peters, worked closely with Michael Makris of DY Realty Group, who played a crucial role in bringing the deal to a successful close. To explore other opportunities, interested parties can reach out to Matthew or Michael.