SOLD
Chen Family Acquires Development Site In Long Island City For $13.3M
37-29 31st Street
Development Site
71,000 SF
71,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Development Site
71,000 sqft
The development site located at 37-29 31st Street in Long Island City has been sold for a total of $13,300,000. The property, which is a development site, spans over 71,000 square feet and is situated in the bustling market of Long Island City.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $13,300,000
- Address: 37-29 31st Street
- Market: Long Island City
The seller of the property was William Achenbaum, while the buyer was the Chen Family. The transaction was facilitated by the broker Mo Ibrahim. Notably, the sale price of the property was $13,300,000, with a price per buildable square foot (PPBSF) of $187. The development site has approved plans for the construction of 74 apartments, with retail space located on the ground level.
Players
All
1
Agents
1
Details
SOLD
IMAGE: Mo Ibrahim
DATE: 08/27/2019
ADDRESS: 37-29 31st Street
MARKET: Long Island City
ASSET TYPE: Development Site
SELLER: William Achenbaum
BUYER: Chen Family
BROKER: Mo Ibrahim
SALE PRICE: $13,300,000
BSF: 71,000 PPBSF: $187
NOTE: Approved plans call for 74 apartments with retail on ground level.View on map
Loading...
Address37-29 31st Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want