How hot is last-mile space in Queens? Metropolitan Realty Associates and TH Real Estate just made a tidy profit on the sale of a Long Island warehouse they bought in winter of 2017. The property at 48-49 35th Street sold for $72 million, Commercial Observer reported. The buyer is North River Company. The sellers bought the property for $55 million in February of 2017. The 246,000-square-foot building was built in 1949 and previously housed clothing […]
source https://therealdeal.com/2018/12/20/lic-warehouse-that-sold-for-55m-last-year-just-traded-for-72m/
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