Chris Xu Acquires Development Site In Flushing, Queens For $103M | 131-01 39th Avenue | Robert (Bob) Knakal, Jonathan (Jon) Hageman, Ethan Stanton, Brendan Maddigan, Michael Mazzara, Winfield Clifford, Stephen Palmese | Development Site | Sale

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

Chairman, New York Office Co-Head

$2.6B Sold

Jonathan (Jon) Hageman

$1.7B Sold

$2.8B Sold

$2.7B Sold

$2.4B Sold

$2.3B Sold

$3B Sold

Details

Deal Summary

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

View on map

Address131-01 39th Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want