Triangle Services Acquires Industrial Building In Maspeth, Queens For $13.1M

Triangle Services, represented by Perry Fine, has acquired an industrial building located at 54-37 48th Street in Maspeth, Queens. The seller of the property was the Parisi Family. The transaction took place on March 31, 2023.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $13,064,288
• Building Square Footage: 8,000
• Price per Square Foot: $1,633

The industrial building purchased by Triangle Services has 8,000 square feet of built space. Additionally, it also has 71,769 square feet of additional air rights, enabling a total buildable space of 79,744 square feet. This acquisition marks a significant investment by Triangle Services in the Maspeth, Queens market.