{"id":1004593964,"date":"2022-07-29T04:15:00","date_gmt":"2022-07-29T12:15:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004593964"},"modified":"2022-12-08T19:01:28","modified_gmt":"2022-12-09T03:01:28","slug":"top-5-nyc-industrial-building-sales-june-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014June 2022"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 27-11 49th Ave., Queens<\/a>
    \nSale Price: $105,500,000<\/li>\n<\/ol>\n
    \"\"<\/a>

    27-11 49th Ave. Image via Google Street View<\/p><\/div>\n

    Traub Capital Partners sold the 214,820-square-foot MANA Products Headquarters in Long Island City to a joint venture between Metropolitan Realty Associates and Morgan Stanley Real Estate Investing. The cosmetics manufacturer, which was acquired by Traub in 2020, signed a new lease agreement with owners and will occupy the three-story building until 2037. The long-term contract also includes three five-year extension options. CBRE arranged the sale-leaseback transaction.<\/p>\n

      \n
    1. 545 Broadway, Brooklyn<\/a>
      \nSale Price: $23,000,000<\/li>\n<\/ol>\n

      Acuity Capital Partners sold the 52,648-square-foot property with 15 commercial units in Williamsburg to a private investor. The four-story building last traded in early 2018, when the current seller paid $22.4 million to Blesso Properties for the 1931-built asset. Broadview Capital Partners facilitated the sale with a $18.5 million financing package.<\/p>\n

        \n
      1. 42 President St., Brooklyn<\/a>
        \nSale Price: $16,500,000<\/li>\n<\/ol>\n

        A private investor acquired the single-story building totaling 14,739 square feet in Columbia Street Waterfront District as well as the adjacent property at 129 Van Brunt St.<\/a> encompassing 7,500 square feet. The two-building portfolio last traded in January for a combined $16.1 million, when artist Urs Fischer sold the space that served as his studio as well as office.<\/p>\n

          \n
        1. 303 Wythe Ave., Brooklyn<\/a>
          \nSale Price: $9,000,000<\/li>\n<\/ol>\n

          A private investor sold the one-story 7,425-square-foot industrial building in Williamsburg. According to the New York YIMBY, <\/em>the new owner submitted plans to convert the property into a five-story building. The 22,874-square-foot development will include 16,405 square feet of residential space across 22 units and 6,074 square feet of commercial space. The buyer also secured a $14 million acquisition and development loan originated by S3 Capital.<\/p>\n

            \n
          1. 38-16 48th Ave., Queens<\/a>
            \nSale Price: $7,500,000<\/li>\n<\/ol>\n

            After a 25-year ownership, Danco Inc. sold the warehouse totaling 12,700 square feet in Sunnyside. Completed in 1951, the single-story building includes 1,000 square feet of office space and a 11,700-square-foot factory\u00a0area. The 7 subway line is easily accessible at southwest corner of 40th Street and Queens Boulevard and Long Island Expressway is less than half a mile away.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark\u2019s latest update on the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004594828,"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-1004593964","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\u2014June 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-june-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\u2014June 2022\" \/>\n<meta property=\"og:description\" content=\"PropertyShark\u2019s latest update on 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-june-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=\"2022-07-29T12:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T03:01:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/CPE-Industrial-27-11-49th-Ave.-Image-via-Google-Street-View.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-june-2022\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014June 2022 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/CPE-Industrial-27-11-49th-Ave.-Image-via-Google-Street-View.jpg\",\"datePublished\":\"2022-07-29T12:15:00+00:00\",\"dateModified\":\"2022-12-09T03:01:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-june-2022\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/CPE-Industrial-27-11-49th-Ave.-Image-via-Google-Street-View.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/CPE-Industrial-27-11-49th-Ave.-Image-via-Google-Street-View.jpg\",\"width\":800,\"height\":620,\"caption\":\"Empire State Building. 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