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Benzion Zablotsky Acquires Industrial Property In Staten Island For $6.2M

572 Richmond Terrace
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This Industrial property located in NY was sold for $6,225,000 about 2 years ago. The brokers of the deal were Stephen Vorvolakos and Sean R. Kelly

An industrial property located at 572 Richmond Terrace in Staten Island has been sold for a total price of $6,225,000. The sale took place on March 24, 2022. The property spans an area of 35,058 square feet, resulting in a price per square foot of $177.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $6,225,000
  • Address: 572 Richmond Terrace, Staten Island
  • Market: Staten Island

The buyer of the property was Benzion Zablotsky, while the seller was Abingdon Square Partners. Sean R. Kelly and Stephen Vorvolakos from Ariel Property Advisors represented both parties as brokers in the deal.

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Deals
  • Location
    572 Richmond Terrace, Staten Island, New York 10301, United States572 Richmond Terrace, Staten Island, New York 10301, United States
  • Sale Price
    $6,225,000$6,225,000
    $177 PPSF$177 PPSF
  • Area
    35,058 SF35,058 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Stephen Vorvolakos

Stephen Vorvolakos

Deals17
Sold$139M

Agency

Ariel Property Advisors

Ariel Property Advisors

Agency
Deals456
Volume$7B

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Deal Summary

SALE IMAGE: Sean R. Kelly & Stephen Vorvolakos DATE: 03/24/2022 ADDRESS: 572 Richmond Terrace MARKET: Staten Island ASSET TYPE: Industrial BUYER: Benzion Zablotsky SELLER: Abingdon Square Partners BROKERS: Sean R. Kelly & Stephen Vorvolakos - Ariel Property Advisors (@ArielPA.NYC) SALE PRICE: $6,225,000 SF: 35,058 ~ PPSF: $177

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572 Richmond Terrace

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