Darryl Smith Acquires Commercial Property In Queens Village, Queens For $130M

The commercial property located at 86-50 Francis Lewis Blvd, 210-10 86-50 Francis Lewis Blvd, 86-09 Grand Centrl Parkway & 206-09 86th Road in Queens Village, Queens has been sold.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $130,000,000
• Buyer: Darryl Smith
• Seller: Danielle L. Rizzo
• BSF: 583,481
• Price per BSF: $222
• SF: 852,973
• Price per SF: $152
• FAR: 0.61
• Tax Class: 2
• Lot Size: 355,025
• Permits: Alteration 2 (04/30/2008)
• Lot Dimension: 801 ft x 591 ft

The deal involved Darryl Smith as the buyer and Danielle L. Rizzo as the seller. The property has a building square footage of 583,481 with a price per BSF of $222. The total square footage of the property is 852,973 with a price per SF of $152. The FAR is 0.61, and the tax class is 2. The lot size is 355,025, and there are permits for alteration dated 04/30/2008. The lot dimension measures 801 ft x 591 ft.