{"id":1004551787,"date":"2021-09-28T09:08:19","date_gmt":"2021-09-28T17:08:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004551787"},"modified":"2022-12-08T20:14:23","modified_gmt":"2022-12-09T04:14:23","slug":"top-5-nyc-industrial-building-sales-august-2021-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021-2\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014August 2021"},"content":{"rendered":"
\"\"<\/a>

Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n

    \n
  1. 1255 Seabury Ave., Bronx<\/a>
    \nSale Price: $29,500,000<\/li>\n<\/ol>\n

    Bronx-based Allway Tools sold the 70,000-square-foot manufacturing building to an entity connected to San Fernando, Calif.-based Linzer Product Corp. The seller had owned the Westchester Village property since 1987. Built in the same year, the facility features 27-foot ceiling heights and includes 3,000 square feet of office space, along with the 67,000-square-foot factory component.<\/p>\n

      \n
    1. 29 Meserole Ave., Brooklyn<\/a>
      \nSale Price: $7,950,000<\/li>\n<\/ol>\n
      \"\"<\/a>

      29 Meserole Ave., Brooklyn<\/p><\/div>\n

      An entity affiliated with Marc Jason Realty Co. Inc. sold the 18,320-square-foot Greenpoint facility following nearly three decades of ownership. The property last changed hands in September 1992. Constructed in 1920, the one-story building includes roughly 1,500 square feet of mezzanine level office space, three cold-storage units and several loading docks. At the time of sale, the property operated as a food distribution facility<\/p>\n

        \n
      1. 37-08 34th St., Queens<\/a>
        \nSale Price: $7,600,000<\/li>\n<\/ol>\n

        The 19,660-square-foot facility changed hands with the help of a $3.8 million acquisition loan originated by the Maspeth Federal Savings and Loan Association. An entity affiliated with United Construction & Development Group acquired the two-story asset. Constructed in 1956, the Long Island City factory building previously traded in late 2016.<\/p>\n

          \n
        1. 848 E. 43rd St., Brooklyn<\/a>
          \nSale Price: $6,300,000<\/li>\n<\/ol>\n

          An entity connected to Rubicon Industries Corp. sold the 17,500-square-foot property to Breuckelen 1653 LLC. The East Flatbush facility previously changed hands in 1999. Prior to the most recent sale, the property served as a heating equipment manufacturing site and was delivered vacant to the new owner. Originally constructed in 1960 on a 0.7-acre lot, the one-story facility underwent upgrades in 2012.<\/p>\n

            \n
          1. 14-45 117th St., Queens<\/a>
            \nSale Price: \u00a0$5,750,000<\/li>\n<\/ol>\n

            An entity affiliated with Iovino Enterprises sold the 27,750-square-foot warehouse to a private investor, who received $4.1 million ins acquisition financing from Bank of America. The long-term loan is scheduled to mature in July 2041. The two-story facility last traded for $4.5 million in 2007. Originally completed in 1914 on a 0.5-acre site, the property underwent changes in 1989 and includes 20,000 square feet of storage space, as well as a 5,000-square-foot office component.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the metro’s top deals of the month for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004551893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,1600,10,37790],"tags":[],"class_list":["post-1004551787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-new-york","category-northeast","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"\nTop 5 NYC Industrial Building Sales\u2014August 2021 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 NYC Industrial Building Sales\u2014August 2021\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the metro's top deals of the month for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-28T17:08:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:14:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/09\/29-Meserole-Ave.-industrial.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021-2\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021-2\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014August 2021 - 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