facebook
Traded Co logo
Submit a Deal

Life Storage Acquires Industrial Property In Jamaica For $36.4M

134-31 Merrick Boulevard
PointingArrow
Share

This Industrial property located in NY was sold for $36,400,000 about 3 years ago.

The industrial property located at 134-31 Merrick Boulevard in Jamaica has been sold. The transaction took place on March 15, 2021, with a sale price of $36,400,000. The property has a building square footage (BSF) of 70,022 and a price per BSF (PPBSF) of $519. The total square footage (SF) is also 70,022, with a price per square foot (PPSF) of $519. The property has a floor area ratio (FAR) of 1.00 and falls under tax class 4. The lot size is 70,022 with dimensions of 408.08 ft x 211 ft.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $36,400,000
  • Market: Jamaica
  • Buyer: Life Storage
  • Seller: SNL Development Group

Life Storage was represented by their broker in the deal.

View Related

Deals
  • Location
    134-31 Merrick Boulevard, Jamaica, NY, USA134-31 Merrick Boulevard, Jamaica, NY, USA
  • Sale Price
    $36,400,000$36,400,000
    $519 PPSF$519 PPSF
  • Area
    70,022 SF70,022 SF
  • Asset Type
    IndustrialIndustrial

Deal Summary

SALE IMAGE: DATE: 03/15/2021 ADDRESS: 134-31 Merrick Boulevard MARKET: Jamaica ASSET TYPE: Industrial ~ ZONING: BUYER: Life Storage SELLER: SNL Development Group SALE PRICE: $36,400,000 BSF: 70,022 ~ PPBSF: $519 SF: 70,022 ~ PPSF: $519 FAR: 1.00 TAX CLASS: 4 LOT SIZE: 70,022 LOT DIMENSIONS: 408.08 ft x 211 ft

Comparables


We could not find what you were looking for, try a different filter
  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits