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131-01 39th Avenue
SOLD

Chris Xu Acquires Development Site In Flushing, Queens For $103M

131-01 39th Avenue

Development Site
663,678 SF
clock iconSold 1 year ago
Robert (Bob) Knakal
Jonathan (Jon) Hageman
Ethan Stanton
+ 5
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Summary

Sale
NEW YORK
Development Site
663,678 sqft

Located at 131-01 39th Ave, this development site in Flushing, Queens was recently sold in a closed transaction. The property spans 663,678 square feet and is classified as a Development Site. The sale took place on April 18, 2022.

Summary of transaction details:

  • Property Type: Development Site
  • Sale Price: $103,000,000
  • BSF: 663,678
  • PPBSF: $155
  • Address: 131-01 39th Ave
  • Market: Flushing, Queens

In this transaction, Chris Xu bought the property from Young Nian Group. The deal was facilitated by the brokers Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Bob Knakal, and Jonathan Hageman of JLL.

Players

  • All

    8

  • Agents

    7

  • Agencies

    1

Robert (Bob) Knakal's profile picture
Robert (Bob) Knakal
JLL-image
Chairman, New York Office Co-Head
$2.6B Sold
Ethan Stanton's profile picture
Brendan Maddigan's profile picture
Winfield Clifford's profile picture
Stephen Palmese's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Chris Xu, Michael Mazzara, Bob Knakal & Jonathan Hageman DATE: 04/18/2022 ADDRESS: 131-01 39th Ave. MARKET: Flushing, Queens ASSET TYPE: Development Site BUYER: Chris Xu SELLER: Young Nian Group BROKERS: Brendan Maddigan (@BrendanMaddigan), Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Bob Knakal & Jonathan Hageman - JLL (@JLL) SALE PRICE: $103,000,000 BSF: 663,678 ~ PPBSF: $155

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Address131-01 39th Avenue

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