Agostino Vona Acquires Industrial Property In East New York For $29.4M

The industrial property located at 625 Wortman Avenue in the East New York market was purchased for $29,400,000. This asset spans 70,000 square feet, resulting in a price per square foot of $420.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $29,400,000
• Address: 625 Wortman Avenue
• Market: East New York
• Square Footage: 70,000
• Price Per Square Foot: $420
• Buyer: Agostino Vona
• Seller: GTJ REIT - Paul Cooper
• Broker: Adan Elias Kornfeld - Green Holland Management

Agostino Vona acted as the buyer in this transaction, while Paul Cooper represented GTJ REIT as the seller. The deal was facilitated by broker Adan Elias Kornfeld from Green Holland Management, who played a key role in this transaction.