Leon Minglu Yu Acquires Industrial Property At 603 Chestnut Street Garden City For $3.5M
New York
See Similar DealsLeon Minglu Yu Acquires Industrial Property At 603 Chestnut Street Garden City For $3.5M
603 Chestnut Street
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This industrial warehouse located at 603 Chestnut Street, Garden City, was sold for $3,500,000. The property encompasses approximately 13,920 square feet and is situated on a lot size of around 17,424 square feet. It was delivered vacant at closing, presenting a unique opportunity for the buyer. The building boasts a clear ceiling height of 15 feet, an 800A power supply, and features a single drive-in door, with convenient access to major highways, the Long Island Rail Road, and JFK Airport.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 603 Chestnut Street
- Market: Garden City
- Square Footage: 13,920
- Price Per Square Foot: $251
- Buyer: Leon Minglu Yu
- Seller: Russ Schreiber
- Seller's Representatives: Daniel Abbondandolo, Joegy Raju & John Giannuzzi - Cushman & Wakefield
Cushman & Wakefield facilitated the transaction, representing the seller in the deal. The team's expertise contributed to securing a buyer for this vacant industrial property, which offers significant potential for use in central Nassau County.
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