Acquires Industrial Property At 38-17 Crescent Street For $3,665,000

The property asset involved in this transaction is an industrial property located at 38-17 Crescent Street in the Long Island City market. The sale closed for a total of $3,665,000, encompassing 9,800 square feet, which translates to a price per square foot of $373.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,665,000
• Address: 38-17 Crescent Street
• Market: Long Island City
• Square Footage: 9,800
• Price per Square Foot: $373
• Buyer:
• Seller's Representatives: Ruben Kast De Martinez, Michael Maunsell - SymmetryCRG & Rein Mäekask - DY Realty Group
• Buyer's Representative: Danny Tack - Pinnacle Realty

The deal involved key individuals including the buyer . Seller representation was provided by Ruben Kast De Martinez and Michael Maunsell from SymmetryCRG along with Rein Mäekask from DY Realty Group. Danny Tack represented the buyer from Pinnacle Realty, highlighting the collaboration among different agencies during this transaction.