Industrial Site on Page Place in Maspeth Trades for Almost $40 Million

Someone’s laughing all the way to the bank: A 57,000-square-foot industrial building at 57-54 Page Place in Maspeth has sold for $39.5 million, according to a story in National Real Estate Investor. The seller, NATMI Truck Terminals, acquired the seven-acre parcel back at during the market lows of 2009 for just a hair under $9.2 million, according to Property Shark. Timing is everything!