Turnbridge Equities Acquires Industrial Property In Queens For $39.5M With Brokers Greiner Maltz, John Maltz & Ayall Schanzer

The industrial property located at 58-95 Maurice Avenue in Queens was recently sold in a closed transaction. The property, spanning 129,000 square feet, was sold for a total price of $39,500,000, resulting in a price per square foot of $306. The buyer of the property was Turnbridge Equities, while the seller was CMJ Realty, represented by Michael Parisi. The brokers involved in the deal were John Maltz and Ayall Schanzer from Greiner Maltz.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $39,500,000
• Address: 58-95 Maurice Avenue
• Market: Queens
• Square Footage: 129,000
• Price per Square Foot: $306
• Buyer: Turnbridge Equities
• Seller: CMJ Realty - Michael Parisi
• Brokers: John Maltz & Ayall Schanzer - Greiner Maltz

The sale of this industrial property in Queens represents a significant transaction in the real estate market. John Maltz and Ayall Schanzer from Greiner Maltz played a pivotal role as brokers in facilitating this successful deal.