Jeffery Y You Acquires Fireproof Warehouse In Maspeth, Queens For $4M

A fireproof warehouse located at 60-45 Metropolitan Avenue in Maspeth, Queens has been sold in a recent transaction. The property, classified as E1 under M1-1 zoning, spans across 10,000 square feet. The sale took place on June 16, 2021, with a price of $4,000,000, resulting in a price per square foot of $400. The buyer of the property is Jeffery Y You, while Margaret Kleinhendler acted as the seller. The previous sale of the warehouse occurred on September 15, 1981, with a price of $0.

Summary of transaction details:

• Property Type: Fireproof Warehouse (E1) ~ M1-1
• Transaction Amount: $4,000,000
• Square Footage: 10,000
• Price per Square Foot: $400
• Market: Maspeth, Queens

Jeffery Y You acquired the fireproof warehouse from Margaret Kleinhendler in the transaction. The deal represents a significant milestone for both parties involved in the transaction.