Multi-Story Warehouse Sale Sets Pricing Benchmark for LIC

Marcus & Millichap recently closed the sale of 43-10 21st St., a two-story industrial property in Long Island City, Queens. The asset sold for $14.5 million. “At $359 per square foot, this transaction sets a pricing benchmark for multi-story industrial in today’s Long Island City market,” said Jakub Nowak of the Nowak Group of Marcus & ...

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