Eric Delafraz's RealtyCapitalNY Acquires Development Site In Jamaica, Queens For $2.1M

The development site at 132-77 & 132-99 Metropolitan Avenue in Jamaica, Queens has been sold for a price of $2,100,000. The property is zoned as R6, C2-3 and offers a lot size of 35.17 ft x 101.75 ft. With a building square footage (BSF) of 9,297, the price per BSF (PPBSF) is $225. The transaction took place on March 16, 2021.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,100,000
• Market: Jamaica, Queens
• Zoning: R6, C2-3
• Lot Size: 35.17 ft x 101.75 ft
• BSF: 9,297
• PPBSF: $225

Eric Delafraz from @RealtyCapitalNY represented the buyer in this transaction, while Daniel Torkan acted as the seller's representative.