WTD Realty Partners Facilitates Two-Part Industrial Property Sale In Ozone Park Queens For $10.65M

The transaction involved two industrial properties located at 8110 Sutter Avenue and 80-60 Pitkin Avenue in Queens, with a total sale price of $10,650,000. The property at 8060 Pitkin Avenue was sold for $6,050,000, while the property at 8110 Sutter Avenue was sold for $4,600,000. The total square footage of the assets is 70,000, resulting in a price per square foot of $152.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,650,000
• Address: 8110 Sutter Avenue & 80-60 Pitkin Avenue
• Market: Queens
• Square Footage: 70,000
• Price Per Square Foot: $152
• Sale of 8060 Pitkin Avenue: $6,050,000
• Sale of 8110 Sutter Avenue: $4,600,000

William Diana from WTD Realty Partners represented the sale in this transaction. Notably, this marked the first time the property has changed hands since 1913, highlighting the historical significance of this sale within the local market.