{"id":1004564852,"date":"2022-01-28T08:18:27","date_gmt":"2022-01-28T16:18:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004564852"},"modified":"2022-12-08T17:44:57","modified_gmt":"2022-12-09T01:44:57","slug":"top-5-nyc-industrial-building-sales-december-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2021\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014December 2021"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 19-19 37th St., Queens<\/a>
    \nSale Price: $14,400,000<\/li>\n<\/ol>\n
    \"\"<\/a>

    19-19 37th St. Image via Google Street View<\/p><\/div>\n

    A private investor sold the property totaling 23,000 square feet in Astoria to Seagis Property Group. The single-building warehouse includes a 7,500-square-foot office component along with storage space totaling 15,500 square feet. Built in 1979 on a 35,003-square-foot lot, the property features a 20-foot clear height, 4 dock doors and an additional 11,901 buildable square footage.<\/p>\n

      \n
    1. 121 Grand St., Brooklyn<\/a>
      \nSale Price: $13,750,000<\/li>\n<\/ol>\n

      Sold to a private investor, the acquisition of the three-property complex in Williamsburg involved the assumption of an $11 million loan originated by S3 Capital in late 2018. The industrial property totaling 9,606 square feet also includes 123 Grand St.<\/a> and 228 Berry St.<\/a> with a combined additional buildable area of some 20,000 square feet. The 1900-built phase of the complex also incorporates two residential units, while the newest addition of the trio was completed in 1997.<\/p>\n

        \n
      1. 2004 McDonald Ave., Brooklyn<\/a>
        \nSale Price: $8,600,000<\/li>\n<\/ol>\n

        BK Developers Inc. sold the 24,300-square-foot building in Gravesend. Truestone facilitated the transaction with $7.7 million in acquisition financing. The tenant roster includes Ideal Furniture Center, YS Marketing Inc. and Amber Court at Home, among others. The 1931-completed property offers 163 feet of frontage along McDonald Avenue.<\/p>\n

          \n
        1. 53-33 97th Place, Queens<\/a>
          \nSale Price: $7,900,000<\/li>\n<\/ol>\n

          Queens-based TEK Realty Advisors represented the seller, a private investor, in the disposition of the industrial structure totaling 19,000 square feet in the borough\u2019s Corona neighborhood. The property developed in 1953 features two commercial units, 21-foot ceilings along with four drive-in doors and is easily accessible, with Interstate 495 less than a mile away.<\/p>\n

            \n
          1. 743 Myrtle Ave., Brooklyn<\/a>
            \nSale Price: $7,050,000<\/li>\n<\/ol>\n

            An entity related to Price Stone Inc. acquired the 15,000-square-foot property in Bedford-Stuyvesant. The 1988-built building, also known as 138 Nostrand Ave., traded with the help of a $4.5 million acquisition loan. Webster Bank provided the 10-year mortgage with a variable interest rate based on the WSJ Prime Rate and a 25-year amortization schedule.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004565319,"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-1004564852","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\u2014December 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-december-2021\/\" \/>\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\u2014December 2021\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the city\u2019s top deals for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2021\/\" \/>\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=\"2022-01-28T16:18:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:44:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/19-19-37th-St.-Image-via-Google-Street-View-Industrial.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\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-december-2021\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2021\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014December 2021 - 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