Murray Park North LLC acquired the industrial building at 1135 45th Ave. in Long Island City, NY from an individual owner for $5 million, or about $976 per square foot.
The industrial building was delivered in 1947 on a quarter-acre in the Northwest Queens submarket of Queens County. The property was delivered vacant, and the buyer will redevelop the site.
Paul Yuras of DY Realty Services LLC represented the buyer and seller.
Please see CoStar COMPS #2742930 for more information on this transaction.