SOLD
Edgar Cimafranca Acquires Industrial Property In Westbury For $2.2M
100 Shames Drive
Industrial
10,000 SF
10,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
10,000 sqft
The industrial property located at 100 Shames Drive in Westbury, NY was recently sold. The asset, a fully vacant flex building, consists of 10,000 square feet of warehouse and office space. Situated on a 20,270 square foot lot, the property also features 20 parking spaces at the rear of the building. The transaction, facilitated by Cushman & Wakefield, had a sale price of $2,200,000, resulting in a price per square foot of $220. The sale of this property showcases the strong demand for industrial/flex sector properties in the area.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,200,000
- Address: 100 Shames Drive, Westbury, NY
- Market: Westbury
- Square Footage: 10,000
- Price per Square Foot: $220
Edgar Cimafranca is the buyer of the property, while the seller was represented by Daniel Abbondandolo, Joegy Raju, and Robert Kuppersmith from Cushman & Wakefield. The team successfully facilitated the sale of the industrial property, demonstrating their expertise in capital markets and investment sales. For more information about their services, please contact them directly.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Joegy Raju, Daniel Abbondandolo & Robert Kuppersmith
DATE: 11/01/2021
ADDRESS: 100 Shames Drive
MARKET: Westbury
ASSET TYPE: Industrial
BUYER: Edgar Cimafranca
SELLER’S REP: Daniel Abbondandolo (@TeamAbbs), Joegy Raju (@JoegyRaju) & Robert Kuppersmith - Cushman & Wakefield (@CushWake)
SALE PRICE: $2,200,000
SF: 10,000 ~ PPSF: $220
NOTE FROM @TeamAbbs: TEAMABBONDANDOLO & Rob Kuppersmith successfully represented the seller in the disposition of 100 Shames Drive, Westbury, NY. The asset traded hands for $2,200,000 | $220 Per Sq. Ft., which is a testament to the industrial/flex sector. The asset was a fully vacant flex building zoned Light Industrial with warehouse and office space totaling 10,000 Sq. Ft. The building sits on a 20,270 square foot lot improved with 20 parking spaces in the rear of the building.
TEAMABBONDANOLO (@TeamAbbs) specializes in Capital Markets | Investment Sales throughout Long Island & the Outer Boroughs. For more information, please reach out directly.View on map
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