Ridwan Kabir Acquires Development Site In Jamaica, Queens From Sinanis Family For $9.7M

The development site located at 166-10 Hillside Avenue in Jamaica, Queens has been sold for a price of $9,700,000. The property is situated in a prime location in the market of Jamaica, Queens. The asset offers a total of 94,000 square feet of space, with a price per buildable square foot (PPBSF) of $103.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $9,700,000
• Address: 166-10 Hillside Avenue
• Market: Jamaica, Queens
• BSF: 94,000 square feet
• PPBSF: $103

The buyer of the property is Ridwan Kabir, while the seller is the Sinanis Family. The transaction was facilitated by brokers Brian Sarath and Michael Wuest from Cushman & Wakefield.

For further inquiries or to explore similar property purchase or sale opportunities, interested parties can contact Team Sarath at Brian Sarath's email [email protected] or phone number 718-215-1500.