SOLD
The Davis Companies Acquires Industrial Property In Maspeth For $51.3M
58-30 Grand Avenue
Industrial
151,500 SF
151,500 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
151,500 sqft
The industrial property located at 58-30 Grand Avenue in Maspeth has been sold for a price of $51,300,000. The property spans 1.17 acres and offers a total square footage of 151,500. The sale price per square foot amounts to $338.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $51,300,000
- Address: 58-30 Grand Avenue
- Market: Maspeth
- Area: 1.17 acres
The buyer of this property is The Davis Companies, while the seller is Square Mile Capital and Innovo Property Group, represented by Andrew Chung. The deal was facilitated by brokers Doug Middleton, Brian Fiumara, and Ryan Silber from CBRE.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Craig Solomon, Jonathan Davis & Andrew Chung
DATE: 03/25/2022
ADDRESS: 58-30 Grand Avenue
MARKET: Maspeth
ASSET TYPE: Industrial ~ ACRES: 1.17
BUYER: The Davis Companies
SELLER: Square Mile Capital & Innovo Property Group - Andrew Chung
BROKERS: Doug Middleton, Brian Fiumara & Ryan Silber - @CBRE
SALE PRICE: $51,300,000
SF: 151,500 ~ PPSF: $338View on map
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Address58-30 Grand Avenue
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