SOLD
School Construction Authority Acquires Development Site In Richmond Hill, Queens For $18M
120-08 & 120-20 Jamaica Avenue
Development Site
82,000 SF
82,000 SF
Sold 196 days ago
Summary
Sale
NEW YORK
Development Site
82,000 sqft
A development site located at 120-08 & 120-20 Jamaica Avenue in Richmond Hill, Queens, has been sold for $18,000,000. The property spans 41,000 square feet, resulting in a price per square foot of $439.
Summary of Transaction Details:
- Property Type: Development Site
- Transaction Amount: $18,000,000
- Square Footage: 41,000
- Price Per Square Foot: $439
- Address: 120-08 & 120-20 Jamaica Avenue, Richmond Hill, Queens
- Market: Richmond Hill, Queens
The buyer of the property is the School Construction Authority, while the seller is the Beige Family. The buyer was represented by Richard Eaddy, Joseph Byrnes Savills, and Ira Schuman of Savills. On the other hand, the seller was represented by Adelaide Polsinelli and Michael Cardillo of Compass.
Players
All
7
Agents
5
Agencies
2
Details
SOLD
IMAGE: Richard Eaddy, Michael Cardillo, Adelaide Polsinelli, Ira Schuman & Joseph Byrnes Savills
DATE: 10/16/2023
ADDRESS: 120-08 & 120-20 Jamaica Avenue
MARKET: Richmond Hill, Queens
ASSET TYPE: Development Site
BUYER: School Construction Authority
SELLER: Beige Family
BUYER'S REP: Richard Eaddy & Joseph Byrnes Savills & Ira Schuman - Savills (Savills)
SELLER'S REP: Adelaide Polsinelli (@Adelaide_Polsinelli) & Michael Cardillo - Compass (@Compass)
SALE PRICE: $18,000,000
SF: 41,000 ~ PPSF: $439View on map
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Address120-08 & 120-20 Jamaica Avenue
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