Ryan Mehra Acquires Industrial Property In Woodside, Queens For $8.1M

A warehouse located at 53-05 37 Avenue in Woodside, Queens, recently changed hands in a sale transaction. The industrial property, zoned as M1-1, was sold on November 30, 2021. The buyer, Ryan Mehra, acquired the property from Naum Freidman for a price of $8,100,000. The building has a total square footage of 26,461 square feet and a price per square foot of $305. The lot size is 26,461 square feet, with lot dimensions measuring 234.92 ft x 197.69 ft. The previous recorded sale of the property took place on July 13, 2006, at a price of $4,800,000.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $8,100,000
• Market: Woodside, Queens
• Buyer: Ryan Mehra
• Seller: Naum Freidman
• Square Footage: 26,461
• Price per Square Foot: $305

This transaction highlights the purchase of an industrial property in Woodside, Queens, with Ryan Mehra as the buyer and Naum Freidman as the seller. The property, which features a warehouse with a total square footage of 26,461 square feet, was acquired for a price of $8,100,000. The deal signifies a significant investment in the industrial real estate market in this area.