34-52 Laurel Hill Boulevard Update 11/16/21

Maspeth Industrial Property Acquired for $25M

An industrial property at 34-52 Laurel Hill Boulevard in Queen's Maspeth neighborhood has just sold for $25 million. The property was acquired by from longtime owner, Sitting on a square foot lot, the building contains 2-industrial manufacturing units, spread across square feet.

The structure was built in 1930 and is currently occupied by a compressed gas plant on one side and a dry ice factory on the other. Due to the specialized nature of the products manufactured here, the lot also has the necessary infrastructure set up to support these industries.

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