Commercial Conversion Planned For Two-Story Industrial Building At 48-18 Van Dam Street, Sunnyside

48-18 Van Dam StreetPresent-day 48-18 Van Dam Street, image via Commercial Observer

Teamsters Local 813 and Local 27 IBT Pension Fund have acquired the two-story, 55,000 square-foot industrial building at 48-18 Van Dam Street, in Sunnyside’s western industrial neighborhood, for $20 million, according to Commercial Observer. The new owners plan to convert the building into commercial space, featuring retail space on the ground floor and office space on the second. Environetics is designing the project. Although the building is mostly vacant, three tenants remain in the building and their leases expire in no more than three years.

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1 Comment on "Commercial Conversion Planned For Two-Story Industrial Building At 48-18 Van Dam Street, Sunnyside"

  1. congrats to Louis Puopolo, Adam Sforno, and Alex Furst at Douglas Elliman

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