{"id":1004581494,"date":"2022-05-23T07:03:11","date_gmt":"2022-05-23T15:03:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004581494"},"modified":"2022-12-08T08:44:44","modified_gmt":"2022-12-08T16:44:44","slug":"top-5-nyc-industrial-building-sales-april-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-april-2022\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014April 2022"},"content":{"rendered":"<div id=\"attachment_1004581495\" style=\"width: 706px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004581495\" data-attachment-id=\"1004581495\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-april-2022\/622_cpe_ps_industrial\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg\" data-orig-size=\"800,266\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"622_CPE_PS_industrial\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: PropertyShark, a Yardi Systems Inc. company&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg?w=800\" class=\"size-full wp-image-1004581495\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg\" alt=\"\" width=\"696\" height=\"231\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/622_CPE_PS_industrial.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/a><p id=\"caption-attachment-1004581495\" class=\"wp-caption-text\">Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n<ol>\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=974421&amp;lcl=nyc\">184-10 Jamaica Ave., Queens<\/a><br \/>\nSale Price: $73,500,000<\/li>\n<\/ol>\n<div id=\"attachment_1004581571\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004581571\" data-attachment-id=\"1004581571\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-april-2022\/industrial-184-10-jamaica-ave-image-courtesy-of-google-street-view\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg\" data-orig-size=\"947,710\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Agota Felhazi&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1652889880&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Industrial &#8211; 184-10 Jamaica Ave. Image courtesy of Google Street View\" data-image-description=\"\" data-image-caption=\"&lt;p&gt; 184-10 Jamaica Ave. Image courtesy of Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg?w=947\" class=\"size-medium wp-image-1004581571\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg 947w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004581571\" class=\"wp-caption-text\">184-10 Jamaica Ave. Image courtesy of Google Street View<\/p><\/div>\n<p>The KABR Group acquired the 226,605-square-foot building along with the adjacent <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=564894\">184-60 Jamaica Ave.<\/a> totaling 287,240 square feet in Hollis. A joint venture between Madison Realty Capital and Artemis Real Estate Partners sold the two five-story industrial structures. KKR facilitated the sale with a $55.3 million acquisition loan. Built a decade apart in the early 1900s, the buildings have an office segment totaling 49,917 square feet.<\/p>\n<ol start=\"2\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=42021\">120 E. 144 St., Bronx<\/a><br \/>\nSale Price: $41,500,000<\/li>\n<\/ol>\n<p>Tori Realty Corp. sold the 82,956-square-foot warehouse in Mott Haven to Beitel Group. The buyer secured a $29 million acquisition loan originated by Bridge City Funding. On the 44,541-square-foot lot, Beitel Group plans to develop a 13-story residential tower totaling 470 units. The property will also include an enclosed parking garage with 155 spaces.<\/p>\n<ol start=\"3\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=189795\">121 Hausman St., Brooklyn<\/a><br \/>\nSale Price: $24,000,000<\/li>\n<\/ol>\n<p>An entity affiliated with Titan Industrial Services Corp. acquired the three-building industrial complex totaling 70,828 square feet in Greenpoint. Signature Bank facilitated the sale with a $15.6 million financing package. The single-story buildings were completed in 1931 and rehabilitated in 1984. The property includes 11 commercial units and a 12,849-square-foot garage.<\/p>\n<ol start=\"4\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=147891\">1042 Atlantic Ave., Brooklyn<\/a><br \/>\nSale Price: $14,000,000<\/li>\n<\/ol>\n<p>A partnership between Y&amp;T Development and EMP Capital acquired the 24,000-square-foot industrial building as well as <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=147890\">1034 Atlantic Ave.<\/a> encompassing 3,915 square feet in Prospect Heights. The new owners plan to develop a residential building on the adjacent lots. According to <em>Brooklyn Paper<\/em>, in early May The New York City Council approved the project, which will have 35 percent of the total apartments set aside for residents earning between 40 and 80 percent of the area median income.<\/p>\n<ol start=\"5\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=379028\">45-36 21st St., Queens<\/a><br \/>\nSale Price: $10,000,000<\/li>\n<\/ol>\n<p>Hutzler Manufacturing Company Inc. sold the 6,025-square-foot warehouse in Hunters Point. At the same time, the buyer also acquired an office property at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=379032\">45-28 21st St.<\/a> for $4.2 million, rounding out PropertyShark\u2019s prominent office transactions for April. Signature Bank provided a $7.1 million acquisition loan for the two-property portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark compiled the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004581571,"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-1004581494","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":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 5 NYC Industrial Building Sales\u2014April 2022 - 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-april-2022\/\" \/>\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\u2014April 2022\" \/>\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-april-2022\/\" \/>\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=\"2022-05-23T15:03:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:44:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Industrial-184-10-Jamaica-Ave.-Image-courtesy-of-Google-Street-View.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"947\" \/>\n\t<meta property=\"og:image:height\" content=\"710\" \/>\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-april-2022\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-april-2022\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014April 2022 - 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