Jack Guttman pays $7.9M to Arthur Citarrella for industrial in Corona

Jack Guttman through the entity 53-33 97 Place LLC paid $7.9 million to Arthur Citarrella through the entity Claran Enterprises, Inc. for industrial (F4) at 53-33 97th Place in Corona, Queens.
The deal closed on November 16, 2021 and was recorded on December 14, 2021.
The property has 19,000 square feet of built space and 191 square feet of additional air rights for a total buildable of 19,188 square feet according to PincusCo analysis of city data. The sale price per built square foot is $415 and the price per buildable square foot is $411 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Arthur Citarrella was Arthur Citarrella. The signatory for Jack Guttman was Jack Guttman.

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