MKPM Properties Acquires Industrial Property In Maspeth For $1.5M

An industrial property located at 59-27 55th Street in Maspeth has been sold for $1,500,000. Spanning 2,500 square feet, the property was acquired by MKPM Properties represented by Noah Fernando. The seller, Anthony Ballato, facilitated the transaction. The property is situated in the Maspeth market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,500,000
• Square Footage: 2,500
• Price per Square Foot: $600

In this deal, Daniel O'Brien, Dylan Walsh, and William Diana from Cushman & Wakefield acted as the brokers representing both the buyer and the seller. They played a crucial role in facilitating the transaction between MKPM Properties and Anthony Ballato.