Unitarian Universalist Congregation Of Queens Sells Development Site In Flushing For $2.5M

The Unitarian Universalist Congregation of Queens has sold a development site located at 147-54 Ash Avenue in Flushing. The property spans 7,750 square feet and was sold for a price of $2,500,000, resulting in a price per square foot of $323. The buyer's representative in this transaction was Suiv Lee from Douglas Elliman Commercial, while Jennifer Djurkovic from Djurkovic Investment Properties represented the seller. The development site has a buildable square footage (BSF) of 13,750, equating to a price per buildable square foot (PPBSF) of $182.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Square Footage: 7,750
• Address: 147-54 Ash Avenue, Flushing
• Market: Flushing
• Buyer's Representative: Suiv Lee - Douglas Elliman Commercial
• Seller's Representative: Jennifer Djurkovic - Djurkovic Investment Properties
• BSF: 13,750
• PPBSF: $182

Suiv Lee from Douglas Elliman Commercial represented the buyer in this transaction, providing valuable support and guidance throughout the deal. Jennifer Djurkovic, on the other hand, represented the seller and ensured a successful transaction for the Unitarian Universalist Congregation of Queens. The sale of this development site marks an important milestone in the real estate market in Flushing.