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Category Archives: Industrial

Independent Buyer and Seller close on 129-11 18th Avenue for $1.5MM

Seller Mr. Howard Pickett of independent testing labs, sold his industrial building on 18th avenue for $1.5MM to Daniel Beyda owner of Coney Island Auto Parts a Brooklyn based auto parts distributor. The building, located in College Point, Queens is a 2 story 7,700 SF

Real Estate Giants Investing in Long Island City

Daniel Loeb, Hedge fund leader, has been going in on the emerging office market in Long Island City. He recently bought a stake in the 150,000 square-foot former warehouse in the Queens neighborhood. His Third Point investment fund has partnered with the real estate firm

Sunnyside Warehouse for Sale at $65 Million, 27-11 49th Avenue

  The 215,000 square-foot property at 27-11 49th Avenue is Sunnyside is on sale with an asking price of $65 million. This Sunnyside warehouse sits on a 2.5-acre property, which has been used for the manufacturing of cosmetic products. This three-story storage and distribution facility

NYU Langone Coming to Long Island City

NYU Langone Medical Center plans to open a two-story, 45,000-square-foot multispecialty ambulatory care facility in Long Island City. The health system agreed to a 31-year lease with Norvin Healthcare Properties for a site at 21-21 44th Drive. The Manhattan real estate private-equity fund bought the