SOLD
Sunil Multani Acquires Development Site On Archer Ave. In Jamaica, Queens For $1.135M
148-12 Archer Avenue
Development Site
14,000 SF
14,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
14,000 sqft
A development site located at 148-12 Archer Ave in Jamaica, Queens has been sold in a recent transaction. The property, situated in a prime market location, was acquired by Sunil Multani from the seller, Steve Smith, for a sale price of $1,135,000. The site boasts a total square footage of 14,000, resulting in a price per square foot of $81.
Summary of transaction details:
- Property Type: Development site
- Transaction Amount: $1,135,000
- BSF: 14,000
- PPBSF: $81
- Address: 148-12 Archer Ave
- Market: Jamaica, Queens
The sale of this development site was facilitated by Stephen R. Preuss Sr., Kevin Schmitz, Kevin Louie, and Andreas Efthymiou from Ripco Investment Sales. Their role as brokers in the transaction ensured a successful deal for both the buyer and the seller.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Stephen R. Preuss Sr., Kevin Schmitz, Kevin Louie & Andreas Efthymiou
DATE: 09/02/2022
ADDRESS: 148-12 Archer Ave.
MARKET: Jamaica, Queens
ASSET TYPE: Development site
BUYER: Sunil Multani
SELLER: Steve Smith
BROKERS: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Kevin Schmitz (@Kevin.Schmitz_CRE), Kevin Louie (@Kevin.Louie_Investment_Sales), & Andreas Efthymiou (@Andreas.E_Investment_Sales) - Ripco Investment Sales
SALE PRICE: $1,135,000
BSF: 14,000 ~ PPBSF: $81View on map
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Address148-12 Archer Avenue
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