Gino Longo Purchases Office Asset From Abatelli Family For $1.4M In Whitestone

The asset involved in this transaction is an office property located at 24-55 Francis Lewis Boulevard in the Whitestone market. The property was sold for $1,400,000, encompassing a total square footage of 4,090, which results in a price per square foot of $342.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,400,000
• Address: 24-55 Francis Lewis Boulevard
• Market: Whitestone
• Square Footage: 4,090
• Price per Square Foot: $342
• Buyer: Gino Longo
• Seller: Abatelli Family
• Brokers: Stephen R. Preuss Sr., Kevin Louie & Eric Delafraz - Ripco

The transaction included key players such as Gino Longo as the buyer and Abatelli Family as the seller, facilitated by the brokerage team of Stephen R. Preuss Sr., Kevin Louie, and Eric Delafraz from Ripco, representing both parties in the deal.