Juda Lefkowitz, through Benei Chayil Properties LLC, acquired a 51,816-square-foot industrial property at 175 Lake Avenue in Mariners Harbor, Staten Island, from NetCost Market for $16.8 million. The site, formerly used for seafood processing by Royal Seafood, offers 139,123 square feet of additional air rights for a total buildable of 190,580 square feet. The purchase price breaks down to $323 per built square foot and $87 per buildable square foot. The seller, led by Eduard Shnayder, bought the site in 2016 for $4 million. The property has generated nearly $1 million in annual revenue.
Juda Lefkowitz
