Riverside Machinery pays $10M to increase ownership stake in six parcels in Sunset Park

Riverside Machinery Co., Inc. acquired an interest from Darby Macfarlane and others, valued at $10 million for interests in 6 parcels, including the 35,00-square foot tax class fireproof warehouse (E1) at 132 54th Street, the 25,200-square-foot building at 140 53rd Street, as well as 5402 2nd Avenue and others in Sunset Park. The deal closed on April 5, 2018 and was recorded on October 25, 2019.
Riverside was already the titular owner of the buildings, city records show.

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