Meridian Capital Group Brokers $7.2M Industrial Sale In Queens

Located at 97-25 Beach Channel Drive in Queens, this industrial property was recently sold for a price of $7,200,000. With a total square footage of 44,936, the property was valued at a price per square foot (PPSF) of $160. The transaction took place on November 4, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,200,000
• Square Footage: 44,936
• Price per Square Foot (PPSF): $160
• Address: 97-25 Beach Channel Drive, Queens
• Market: Queens

Playing crucial roles in facilitating this deal were the brokers from the Meridian Capital Group, namely David Schechtman, Abie Kassin, and Lipa Lieberman. Representing the buyer and the seller, their expertise and negotiations were instrumental in the successful completion of this transaction.