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Scorecard: Queens and Bronx I-sales creep upwards
A monthly round-up of data and reports on the commercial market
Buyers paid $202 million for commercial properties in Queens in March, a slight increase from February, an analysis of NYC Department of Finance data showed.
The largest transaction was investment firm LargaVista’s $28 million acquisition of the four-story industrial building at 30-12 41st Avenue in Long Island City.
Activity remained relatively strong in the Bronx, where buyers acquired nearly $186 million in assets.
The priciest deal was MDG Design + Construction’s $78.1 million purchase of a 498-unit apartment building at 255 East 149th Street in Melrose.
