16,291 Sqft Jamaica Development Site Sold For $9.6M, Set To Become 10-Story Mixed-Use Building | 147-18 95th Avenue, 95-08, 95-10, 95-12, 95-20 & 95-22 147th Place, & 95-09 Sutphin Boulevard | Baruch Edelkopf, Sadya Liberow | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

81,455 sqft

A development site in Jamaica, Queens has been sold for $9,625,000. The property, located at 147-18 95th Ave., 95-08, 95-10, 95-12, 95-20 & 95-22 147th Pl., & 95-09 Sutphin Blvd., spans a total of 16,291 square feet. The transaction was completed by Baruch Edelkopf of Schuckman Realty Inc. and Sadya Liberow of Asset CRG Advisors.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $9,625,000
Building Square Footage: 81,455
Price per Square Foot: $118
Market: Jamaica, Queens

The development site will be transformed into a 10-story, 100-foot-tall mixed-use building. The plans include 118 apartments, 1 commercial space, and 50 parking spots. The project has already obtained the necessary permits to proceed. Baruch Edelkopf and Sadya Liberow worked on this project since 2018 amidst challenges and delays caused by the pandemic.

It is worth noting that in the last 6 months, the @Liberowteam has been involved in transactions totaling nearly 1,000,000 buildable square feet in Jamaica, Queens.

For more information, you can contact:

Baruch Edelkopf - Schuckman Realty Inc. - [email protected] - 646 919 2446

Sadya Liberow - Asset CRG Advisors - [email protected] - 347 762 4055

Players

All
4

Agents
2
Agencies
2

Baruch Edelkopf

Licensed Associate Real Estate Broker

$71.3M Sold

$97.8M Sold

Details

Deal Summary

SOLD

IMAGE: Sadya Liberow & Baruch Edelkopf DATE: 04/06/2022 ADDRESS: 147-18 95th Ave., 95-08, 95-10, 95-12, 95-20 & 95-22 147th Pl., & 95-09 Sutphin Blvd. MARKET: Jamaica, Queens ASSET TYPE: Development Site BROKERS: Baruch Edelkopf (@Emh8212) - Schuckman Realty Inc. (@SchuckmanRealty) & Sadya Liberow (@SadyaLiberow) (@LiberowTeam) - Asset CRG Advisors (@AssetCRG) SALE PRICE: $9,625,000 BSF: 81,455 ~ PPSF: $118 NOTE FROM BROKER: Baruch Edelkopf of Schuckman Realty and Sadya Liberow of Asset CRG Advisors is proud to announce the completion of the 147th Pl, Jamaica assemblage. The Assemblage consists of seven lots from three different sellers and created a 16,291 sqft footplate. Permits have been filed and the buyer plans to build a 10-story 100-foot-tall mixed-use development consisting of 118 apartments 1 commercial space, and 50 parking spots. Baruch and Sadya have been working on this assemblage since 2018 and navigated through multiple complications & delays due to the pandemic. In the last 6 months, the @Liberowteam has transacted nearly 1,000,000 buildable square feet in Jamaica, Queens. Baruch Edelkopf [email protected] 646 919 2446 Sadya Liberow [email protected] 347 762 4055

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Address147-18 95th Avenue, 95-08, 95-10, 95-12, 95-20 & 95-22 147th Place, & 95-09 Sutphin Boulevard

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