National Refrigerants Acquires Industrial Property In Clinton For $16.01M

The industrial property located at 529 West 46th Street in Clinton has been sold for a total price of $16,010,000. The property has a building square footage (BSF) of 30,226 and a price per BSF (PPBSF) of $529. The total square footage (SF) of the property is 12,502, with a price per SF (PPSF) of $1,280. The property is zoned as R8 and falls under tax class 4. The lot size is 5,021 square feet, with dimensions of 50 feet by 100.42 feet. The property previously obtained an alteration type 2 permit in March 2017.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,010,000
• Buyer: National Refrigerants - Stephen Labroli
• Seller: Jonathan P. Kahn

National Refrigerants, represented by Stephen Labroli, acted as the buyer in this transaction. Jonathan P. Kahn was the seller. The sale of the property took place on the date of July 15, 2021. The property's floor area ratio (FAR) is 2.49. It is important to note that no additional information is available regarding the deal.