David Cannizzaro Acquires Industrial Property From Seller Angela Lam In Long Island City For $3.3M

This industrial property is located at 39-06 Crescent Street in Long Island City, encompassing a total of 10,400 square feet. The property was sold for $3,300,000, equating to a price per square foot of $317. The building features flexible permitted uses, high ceilings, curb cuts, legal parking, and potential for future development.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,300,000
• Address: 39-06 Crescent Street
• Market: Long Island City
• Square Footage: 10,400
• Price Per Square Foot: $317
• Buyer: David Cannizzaro
• Seller: Angela Lam
• Seller's Representative: Alex Woodlief & Konstantinos Soulios - B6 Real Estate Advisors

B6 Real Estate Advisors exclusively represented the seller and successfully procured a direct buyer for this transaction. The deal highlights the expertise of the brokers in facilitating sales in the industrial real estate sector.