Uri Harold Rome Acquires Commercial Property In Hunters Point, Queens From Terence M. Higgins For $4.7M

A commercial property located at 12-04 44th Avenue in Hunters Point, Queens, was sold on May 3, 2022. The property has a total building size of 10,000 square feet with a price of $4,700,000. The price per square foot is $470, and the price per buildable square foot is $235. The property's zoning is M1-4, and the tax class is 4. The lot size is 10,000 square feet, and it has a lot dimension of 100 feet by 100 feet. The property previously obtained an alteration permit on November 25, 2016.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $4,700,000
• Buyer: Uri Harold Rome
• Seller: Terence M. Higgins
• Market: Hunters Point, Queens
• Building Size: 10,000 square feet
• Price per Square Foot: $470
• Price per Buildable Square Foot: $235
• Zoning: M1-4
• Tax Class: 4
• Lot Size: 10,000 square feet
• Permits: Alteration 2 (11/25/2016)
• Lot Dimension: 100 feet by 100 feet

The buyer, Uri Harold Rome, acquired the property from the seller, Terence M. Higgins, for a total transaction amount of $4,700,000. This deal represents an opportunity for Uri Harold Rome to invest in a commercial property located in the Hunters Point market of Queens.