73RD Realty LLC Acquires Industrial Property In Queens From Howard Opper For $1.15M

71-34 73rd Place, Ridgewood, NY, USA

$1,150,000

$230/SF

Building Size

5,000 SF

Asset Type

Industrial

Closing

Nov 18, 2021

AI

A 5,000 square foot industrial property located at 71-34 73rd Street in Queens has been sold and financed. The transaction was completed on November 18, 2021.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $1,150,000
Address: 71-34 73rd Street, Queens
Market: Queens

The buyer, 73RD Realty LLC, represented by Israel Fisher, acquired the property from the seller, Howard Opper. The deal was facilitated by broker Joe Hach from Leviathan Capital. The purchase price for the property was $1,150,000.

Adam Sabella from Stony Clove Capital provided the financing for the transaction in the form of a bridge loan. The loan amount extended was $805,000.

Players