Megan Robert Acquires Maspeth Warehouse For $19.3M

A warehouse located at 46-81 Metropolitan Avenue in Maspeth, Queens has been sold. The property, with a total area of 15,656 square feet, was purchased by Megan Robert from James Juliano and Raymond Rudolph for a price of $19,263,400. The warehouse is zoned as M3-1 and is situated on a lot measuring 195,698 square feet.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $19,263,400
• Address: 46-81 Metropolitan Avenue, Maspeth, Queens
• Market: Maspeth, Queens
• Buyer: Megan Robert
• Seller: James Juliano & Raymond Rudolph
• Price per Square Foot: $1,230
• Building Square Footage: 15,656
• Lot Size: 195,698
• Last Sale Price: $42,736,600 (06/02/2021)
• Permits: No Work (01/13/2022)
• Lot Dimension: 184.58 ft x 1211.33 ft

It is worth noting that the property has a floor area ratio (FAR) of 0.08 and falls under tax class 4. The previous sale price of the warehouse was $42,736,600 on June 2, 2021. The latest transaction, which took place on January 28, 2022, did not involve any construction permits.