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48-00 Grand Avenue
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48-00 Grand Avenue

This Industrial property located in New York was sold for $51,000,000 almost 3 years ago. The brokers of the deal were Jay Gilbert and Ben Carlos Thypin

  • Location
    4800 Grand Avenue, Maspeth, NY 113784800 Grand Avenue, Maspeth, NY 11378
  • Sold Value
    $51,000,000$51,000,000
    $114 PPSF$114 PPSF
  • Area
    446,176 SF446,176 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jay Gilbert

Jay Gilbert

Deals2
Sold$ 51,000,000

Agency

Quantierra

Quantierra

Agency
Deals10
Volume$ 185,605,000

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Deal Summary:

SALE IMAGE: Hamid Moghadam DATE: 11/13/2020 ADDRESS: 48-00 Grand Avenue MARKET: Maspeth, Queens ASSET TYPE: Industrial ~ ZONING: M3-1 BUYER: Prologis - Hamid Moghadam SELLER: Family Radio BROKERS: Ben Carlos Thypin (@BThypin) & Jay Gilbert - @Quantierra_ PRICE: $51,000,000 BSF: 446,176 ~ PPBSF: $114 NOTE: @Quantierra_ sourced the property using its proprietary algorithms and worked with Family Radio to find the right purchaser that could provide Family Radio with both continuity of operations and certainty of closing within this challenging market environment. The purchaser plans to rent out the property as parking and storage. For more info, or similar deals, please contact Ben Carlos Thypin directly: šŸ“§ Ben@Quantierra.com šŸ“ø @Quantierra_

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