Whitestone Construction Acquires Woodside Industrial Property From Hagop 'Jack' Keheian For $3.05M

A industrial property located at 50-54 49th Street in Woodside has been sold in a recent transaction. The property is zoned as M1-1 and has a lot size of 4,740 square feet. The sale price for this property was $3,050,000. The building has a total square footage of 4,503, with a price per square foot of $677. The buyer of this property is Whitestone Construction, while the seller is Hagop ‘Jack’ Keheian. The property has previously undergone an alteration permit in 2007. The lot dimensions are 60 ft x 79 ft, and the property falls under tax class 4.

Summary of Transaction Details:

• Property Type: Industrial
• Transaction Amount: $3,050,000
• Building Square Footage: 4,503
• Price per Square Foot: $677
• Buyer: Whitestone Construction
• Seller: Hagop ‘Jack’ Keheian

This deal was made with a FAR (Floor Area Ratio) of 0.95. The property's BSF (Building Square Footage) is 4,740, with a PPBSF (Price per Building Square Foot) of $643. It is worth noting that the property has an alteration permit of type 2, dating back to September 14, 2007.