4/10/2009

Criterion Group pays $2.9M for Queens industrial property

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A 25,000-square-foot industrial property along the Grand Central parkway in Queens, N.Y., has been sold to Criterion Group for $2.88 million.

Holliday Fenoglio Fowler represented the seller of the property at 24-20 49th St., which is 100 percent net-leased to Sabra Dipping Co., a Mediterranean food manufacturer.

Located at the intersection of 49th Street and Astoria Boulevard, the property is adjacent to the Grand Central Parkway and close to Interstate 278, LaGuardia International Airport, Triborough Bridge and Manhattan.

Address: 24-20 49th St., Queens, N.Y.

Size: 24,939 square feet

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Filed Under: Industrial

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