Art gallery linked to lone mid-market sale in NYC this week

Deal was for a one-story warehouse in Queens

TRD New York /
Nov.November 29, 2019 02:53 PM
19-40 Hazen Street in Queens (Credit: Google Maps)

19-40 Hazen Street in Queens (Credit: Google Maps)

Only one mid-market sale was made public in New York’s investment market this week, as activity was slower than usual because of the Thanksgiving holiday.

The deal was for a one-story warehouse in Queens, which an LLC linked to the art gallery David Zwirner bought for $12 million. The seller was an LLC linked to Clive Green.

The property is located at 19-40 Hazen Street in Astoria and spans about 78,000 square feet. David Zwirner has locations in New York, Paris, London and Hong Kong.


Related Articles

arrow_forward_ios
Clockwise from top left: 162 West 13th Street, 325 Avenue Y in Brooklyn, 1281 Viele Avenue in the Bronx (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

809 First Avenue and QIA CEO Mansoor Bin Ebrahim Al-Mahmoud (Credit: Google Maps)

Qatar state fund drops $91M on property near UN

Clockwise from top left: 37 Perry Street, 595 Broadway, 1424-1428 Lexington Avenue, 204 Fourth Avenue and 93 North Ninth Street (Credit: Google Maps)

Gowanus trade biggest of six mid-market investment sales this week

305 East 46th Street (Credit: iStock)

Japanese firm lands $84M financing for Midtown East buy

308 West 82nd Street and Real Capital Analytics founder Robert M. White Jr. (Credit: Google Maps)

Real Capital Analytics’ founder buys UWS building, leading last week’s I-sales

166 Berry Street in Brooklyn and Wharton Properties’ Jeff Sutton (Credit: Google Maps)

Jeff Sutton pays record price in Williamsburg: brokers

Clockwise from left: 2 East 55th Street, 25-25 Borden Avenue and 91 Ludlow Street (Credit: Google Maps)

Here’s what the $10M-$30M investment sales market looked like last week

1890 Lexington Avenue and 22 St. Marks Place (Credit: Google Maps)

Here’s what last week’s $10M-$30M investment sales market looked like

arrow_forward_ios