Jack Guttman Acquires Industrial Property In Corona, Queens For $7.9M

The industrial property located at 53-33 97 Place in Corona, Queens has been sold in a recent transaction. The property falls under the M1-1 zoning category and spans a lot size of 19,188 square feet. The dimensions of the lot are 200.84 ft x 95.54 ft. The property has a floor area of 19,000 square feet, with a price per square foot of $416. In terms of sale price, the property was sold for $7,900,000.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,900,000
• Market: Corona, Queens
• Buyer: Jack Guttman
• Seller: Arthur Citarrella
• Building Square Footage: 19,000
• Price per Square Foot: $416
• Last Sale Price: $0 (3/10/1999)
• Lot Size: 19,188 square feet
• Lot Dimension: 200.84 ft x 95.54 ft
• Zoning: M1-1
• Tax Class: 4
• FAR: 0.99

This transaction involved Jack Guttman as the buyer and Arthur Citarrella as the seller. The property was sold at a significant price of $7,900,000 with a price per square foot of $416. This industrial property is situated in the neighborhood of Corona in Queens.