{"id":1004600205,"date":"2022-08-25T07:18:42","date_gmt":"2022-08-25T15:18:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004600205"},"modified":"2022-12-08T07:41:18","modified_gmt":"2022-12-08T15:41:18","slug":"top-5-nyc-industrial-building-sales-july-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-july-2022\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014July 2022"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 160 John St., Brooklyn<\/a>
    \nSale Price: $43,550,000<\/li>\n<\/ol>\n

    Invesco Real Estate acquired the 99,270-square-foot self-storage warehouse in Vinegar Hill. The property last traded in 2007, when Extra Space Storage sold it for $10.8 million, while the management arm of the REIT continues to oversee management operations at the 10-story warehouse. According to its website the facility features heated storage units, a loading dock, an on-site office and elevator access, among other amenities and services.<\/p>\n

      \n
    1. 10-51 Irving Ave., Queens<\/a>
      \nSale Price: $26,000,000<\/li>\n<\/ol>\n

      A private investor sold the 6,900-square-foot property on 1.4 acres in Ridgewood to Criterion Group. The buyer secured a $10 million acquisition loan originated by Asset Preservation Inc. The bridge loan carries a 5.5 percent interest rate and is set to mature in January 2024. Completed in 1930, the two-building property last traded in 2018, when the current seller paid $12.5 million for the home of Forest Masonry Yard.<\/p>\n

        \n
      1. 129 Van Brunt St., Brooklyn<\/a>
        \nSale Price: $22,000,000<\/li>\n<\/ol>\n

        Cara Constructions & Development acquired the 7,500-square-foot building along with the 14,739-square-foot 42 President St.<\/a> in Columbia Street Waterfront District. The pair of adjacent properties previously traded last month<\/a> for $16.5 million. The buildings offer easy access to subway lines F and G, roughly half a mile away at the corner of Smith and Second streets.<\/p>\n

          \n
        1. 152-65 Rockaway Blvd., Queens<\/a>
          \nSale Price: $21,153,264<\/li>\n<\/ol>\n
          \"\"<\/a>

          152-65 Rockaway Blvd. Image courtesy of Google Street View<\/p><\/div>\n

          After decades of ownership, Horizon Air Freight sold the 66,976-square-foot warehouse in Rochdale to Longpoint Property Group. The two-story property completed in 1960, includes nine dock high doors as well as a grade level door and was renovated in 1997. Occupied by DHL, the single-building facility is half a mile away from Belt Parkway and within 2 miles of John F. Kennedy International Airport.<\/p>\n

            \n
          1. 59-20 56th Ave., Queens<\/a>
            \nSale Price: $18,000,000<\/li>\n<\/ol>\n

            Hi-Tech Metals Inc. sold the steel and architectural metal fabrication production center totaling 36,400 square feet in the Maspeth neighborhood of Queens. Vasinee Food Corp. funded the purchase with a $1.7 million loan originated by Cathay Bank. Built in 1971, the two-story building last sold three years ago, when the current seller paid $6.4 million for the industrial asset.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark\u2019s latest update on the city\u2019s top deals for the sector.<\/p>\n","protected":false},"author":1314,"featured_media":1004600306,"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-1004600205","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\u2014July 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-july-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\u2014July 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-july-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=\"2022-08-25T15:18:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T15:41:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/Industrial-152-65-Rockaway-Blvd.-Image-courtesy-of-Google-Street-View.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"headline\":\"Top 5 NYC Industrial Building Sales\u2014July 2022\",\"datePublished\":\"2022-08-25T15:18:42+00:00\",\"dateModified\":\"2022-12-08T15:41:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/\"},\"wordCount\":361,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/08\\\/Industrial-152-65-Rockaway-Blvd.-Image-courtesy-of-Google-Street-View.jpg\",\"articleSection\":[\"Industrial\",\"New York\",\"Northeast\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-july-2022\\\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014July 2022 - 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