Moshe Braver Acquires Commercial Property In Jamaica, Queens For $3.1M

The commercial property located at 95-08 147th Place & 95-10 147th Place in Jamaica, Queens recently sold for a price of $3,100,000. The property is zoned as C4-5X and DJ, offering potential for various commercial uses. With a lot size of 2,500 square feet and a FAR of 1.00, this property provides ample space for future development. Additionally, the property has a building square footage (BSF) of 25,000 and a price per BSF (PPBSF) of $124. The current structure spans 2,800 square feet, resulting in a price per square foot (PPSF) of $1,107. It is worth noting that the property underwent an alteration permit on 03/07/2022.

Summary of transation details

• Property Type: Commercial
• Transaction Amount: $3,100,000
• Zoning: C4-5X, DJ
• Lot Size: 2,500 square feet
• Building Square Footage (BSF): 25,000
• Price per BSF (PPBSF): $124
• Structure Square Footage (SF): 2,800
• Price per Square Foot (PPSF): $1,107
• Permits: Alteration 3 (03/07/2022)

Moshe Braver purchased the property at 95-08 147th Place & 95-10 147th Place from John Polsinelli. Both parties were represented by their respective brokers in the deal. The buyer's broker representative is Moshe Braver, and the seller's broker representative is John Polsinelli.