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Kevin Zhang Acquires Industrial Property In Ridgewood Queens For $25M

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SOLD
$25,000,000

New York

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Industrial66,000 SF
Sold 07/19/2021
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Property Image
SOLD

Kevin Zhang Acquires Industrial Property In Ridgewood Queens For $25M

75 Onderdonk Avenue, Ridgewood, Queens County, NY, USA

See Similar Deals
Industrial66,000 SF
Sold 07/19/2021
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$378
Total Square Footage:66,000 SF
Transaction Type:Sale

The industrial property located at 75 Onderdonk Avenue in Ridgewood, Queens was recently sold for a total of $25,000,000. This transaction took place on July 19, 2021. The property offers approximately 66,000 square feet of space, resulting in a price per square foot of $378. The buyer of the property was Kevin Zhang, while Richard Staiano acted as the seller.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $25,000,000
  • Address: 75 Onderdonk Avenue
  • Market: Ridgewood, Queens
  • Buyer: Kevin Zhang
  • Seller: Richard Staiano
  • Buyer's Representative: Brian Jaffe - Jaffe Realty
  • Seller's Representatives: Thomas A. Donovan & Robert Rappa - B6 Real Estate Advisors

The deal was facilitated by Brian Jaffe from Jaffe Realty, who represented the buyer, Kevin Zhang. On the other hand, Thomas A. Donovan and Robert Rappa from B6 Real Estate Advisors served as the seller's representatives in this transaction.

Players

Brian Jaffe
9 deals$107.8M volume
BROKER

Robert Rappa
Investment Property Realty Group (IPRG)
13 deals$242.1M volume
BROKER

Thomas (Tom) Donovan
Meridian Capital Group
51 deals$730.7M volume(646) 502-3481
BROKER

B6 Real Estate Advisors
BROKERAGE

Details

SOLD
IMAGE: Thomas A. Donovan, Robert Rappa & Brian Jaffe DATE: 07/19/2021 ADDRESS: 75 Onderdonk Avenue MARKET: Ridgewood, Queens ASSET TYPE: Industrial BUYER: Kevin Zhang SELLER: Richard Staiano BUYER’S REP: Brian Jaffe - Jaffe Realty (@Jaffe.Realty) SELLER’S REP: Thomas A. Donovan & Robert Rappa (@BobTheBroker_B6) (@TeamDonovan_NYC) - B6 Real Estate Advisors (@B6RealEstate) SALE PRICE: $25,000,000 SF: 66,000 ~ PPSF: $378

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