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.


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