Greg Sun Acquires Industrial Property From Aegina Angeliades In Long Island City For $4.75M

The property asset involved in this transaction is located at 5-47 47th Road in Long Island City. This industrial asset has a total square footage of 7,250, with a sale price of $4,750,000, translating to approximately $655 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,750,000
• Square Footage: 7,250
• Price Per Square Foot: $655
• Buyer: Greg Sun
• Seller: Aegina Angeliades
• Broker Representatives: James Ege & Mark Caso - Pinnacle Realty of New York
• Market: Long Island City

This transaction involved key individuals including buyer Greg Sun, who acquired the property from seller Aegina Angeliades. The deal was facilitated by brokers James Ege and Mark Caso from Pinnacle Realty of New York, representing the seller and buyer in the transaction.