Ferrazzoli Family Acquires Industrial Property On Bennington Avenue In Nassau For $1.05M

The industrial property located at 70 Bennington Avenue in Nassau has been sold in a closed transaction. The property spans 6,000 square feet and was sold for a price of $1,050,000, resulting in a price per square foot of $175. The buyer in this transaction is the Ferrazzoli Family, while the seller is Petemary Kaneris. The deal was facilitated by Michael Gronenthal from Douglas Elliman as the broker for both parties.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,050,000
• Square Footage: 6,000
• Price per Square Foot: $175
• Market: Nassau

Michael Gronenthal from Douglas Elliman played a crucial role as the broker in this transaction, representing both the buyer, Ferrazzoli Family, and the seller, Petemary Kaneris. With their expertise, the deal was successfully closed at a price of $1,050,000 for the 6,000 square foot industrial property located at 70 Bennington Avenue in Nassau.