Adam Malul And Shalom Malul Acquire Development Site In Fresh Meadows For $3.88M

This development site located at 161-09 Union Turnpike in Fresh Meadows, Queens, was sold for $3,880,000. The property encompasses a total area of 10,000 square feet, resulting in a price per square foot of $388.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,880,000
• Address: 161-09 Union Turnpike
• Market: Fresh Meadows, Queens
• Buyer: Adam Malul & Shalom Malul
• Seller: First Lincoln Holdings
• Broker: Evan Schuckman - Ripco

The transaction was facilitated by broker Evan Schuckman, who represented the interests of the buyer in this closed transaction. Both Adam Malul and Shalom Malul acquired the site from seller First Lincoln Holdings.