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141-01 32nd Avenue
SOLD

North Flushing Pool Club Sells Development Site In Flushing, Queens For $16M

141-01 32nd Avenue

Development Site
clock iconSold 332 days ago
Lev Kimyagarov
Rubin Isak
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Summary

Sale
NEW YORK
Development Site

A development site located at 141-01 32nd Avenue in Flushing, Queens has been sold for a total of $16,000,000. The property spans 36,296 square feet and is situated in an R5D Zoning District with a floor area ratio (FAR) of 2.0, allowing for a maximum buildable area of 72,592 square feet. The transaction was facilitated by Rubin Isak and Lev Kimyagarov, who served as the Development Site Advisors for the sale.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $16,000,000
  • Address: 141-01 32nd Avenue, Flushing, Queens
  • Market: Flushing, Queens
  • Land Size: 36,296 square feet
  • Zoning Floor Area (ZFA): 72,592 square feet
  • Price per ZFA (PPZFA): $220

The North Flushing Pool Club, who had owned and operated the property as a swimming pool club for 63 years, was the seller in this transaction. Development Site Advisors® acted as the exclusive and sole broker for the deal. It is worth noting that Development Site Advisors® is actively seeking individuals who are passionate about commercial real estate and aims to train them through their in-house program called Development Site Academy™. They strive to nurture and support a new generation of specialized advisors who can provide exceptional value to property owners and developers.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Lev Kimyagarov's profile picture
Lev Kimyagarov
Development Site Advisors-image
Managing Principal, Co-Founder
$101.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Rubin Isak & Lev Kimyagarov DATE: 07/27/2023 ADDRESS: 141-01 32nd Avenue MARKET: Flushing, Queens ASSET TYPE: Development Site SELLER: North Flushing Pool Club BROKERS: Rubin Isak (@RubinIsak) & Lev Kimyagarov (@LevKimyagarov) - Development Site Advisors SALE PRICE: $16,000,000 LAND SF: 36,296 ZFA: 72,592 ~ PPZFA: $220 NOTE FROM BROKER: A 313’ x 134', 36,296 sq. ft. block-through lot, located in an R5D Zoning District with an FAR of 2.0, allowing for 72,592 ZFA. DSA was the exclusive and sole broker in this transaction. The sellers, The North Flushing Pool Club, have owned and operated the property as a swimming pool club for 63 years. Development Site Advisors® is actively seeking driven and hungry individuals who will uphold and embody its company's core values. Through Development Site Academy™, their in-house training program, they are fostering a new generation of successful commercial real estate advisors who will stand out from the crowd of generalists and add true value to owners and developers alike. Be the authority, not a commodity. Reach out to DSA today and discover the difference specialization makes.

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Address141-01 32nd Avenue

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