Perciballi Industries Acquires Industrial Properties From David Berman In Port Richmond For $4.9M

The transaction involved five industrial properties located at 34 Van Street, 22 Van Street, and 5 Barrett Lane in Port Richmond, Staten Island. The sale price was set at $4,900,000, with a building size factor (BSF) of 38,681 and a price per building size factor (PPBSF) of $127. The total square footage of the properties is 24,025, translating to a price per square foot (PPSF) of $204.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,900,000
• Buyer: Perciballi Industries
• Seller: David Berman
• BSF: 38,681
• PPBSF: $127
• SF: 24,025
• PPSF: $204

Perciballi Industries plans to occupy the properties following the acquisition from David Berman, indicating an intention for owner-occupancy after the transaction.