Kesten Family Purchases Industrial Property From Slavko Gavrilovic In Queens For $2.99M

The property asset involved in this transaction is located at 58-22 Maspeth Avenue, in the Queens market. It is an industrial type property with a total square footage of 7,700. The transaction was completed with a final sale price of $2,990,000, resulting in a price per square foot of $388.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,990,000
• Buyer: Kesten Family
• Seller: Slavko Gavrilovic
• Broker Representation: George Margaronis, James Ege, Paul Bralower & Brendan Burke - Pinnacle Realty of New York

The brokers involved in this transaction, Pinnacle Realty of New York, are recognized as the leading independent full service commercial real estate brokerage firm in the outer borough of New York City, with extensive experience in leasing and selling over 28 million square feet. Their expertise played a crucial role in facilitating this deal.