SOLD
Blackstone Group Acquires Industrial Property In East Elmhurst, Queens For $55.5M
83-15 24th Avenue
Industrial
116,000 SF
116,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
116,000 sqft
An industrial property located at 83-15 24th Ave. in East Elmhurst, Queens has been sold for $55.5 million. The property spans 116,000 square feet, resulting in a price per square foot of $478. The transaction took place on February 13, 2019.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $55.5 million
- Address: 83-15 24th Ave.
- Market: East Elmhurst, Queens
- Square Footage: 116,000
- Price per Square Foot: $478
The buyer of the property was Blackstone Group, while the seller was Steel Equities. The sale was facilitated by HFF, with Tyler Peck, Mike Tepedino, Andrew Scandalios, and David Giancola representing the parties involved.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Kathleen McCarthy, Jonathan Gray, Ken Caplan
DATE: 02/13/2019
ADDRESS: 83-15 24th Ave.
MARKET: East Elmhurst, Queens
ASSET TYPE: Industrial
PRICE: $55.5M.5
SF: 116K / PPSF: $478
BUYER: @Blackstone Group
SELLER: Steel Equities
BROKER: HFF - Tyler Peck, Mike Tepedino, Andrew Scandalios, and David GiancolaView on map
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Address83-15 24th Avenue
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