The property asset involved in this transaction is a development site located at 158-06 Northern Boulevard in the Flushing market. The sale price for this asset was $6,378,000, and it encompasses a total square footage of 9,000, resulting in a price per square foot of $708.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,378,000
• Square Footage: 9,000
• Price per Square Foot: $708
• Buyer’s Representative: Michael Maunsell - SymmetryCRG
• Seller’s Representatives: Scott Plasky & William Stephan - Marcus & Millichap
• Date of Transaction: 5/20/2025

This transaction involved notable individuals in the commercial real estate field, with Michael Maunsell representing the buyer, while Scott Plasky and William Stephan represented the seller. Their respective affiliations are with SymmetryCRG and Marcus & Millichap, both recognized agencies in real estate representation.