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175-31 Jamaica Avenue
SOLD

Roberto Tolentino Acquires Development Site In Jamaica For $2.45M With Gurpreet Singh & Chip Entwistle

175-31 Jamaica Avenue

Development Site
24,000 SF
clock iconSold 1 year ago
Gurpreet (Sonny) Singh
Chip Entwistle
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Summary

Sale
NEW YORK
Development Site
24,000 sqft

A development site located at 175-31 Jamaica Avenue in the market of Jamaica, New York, has been sold for $2,450,000. The property spans 24,000 square feet and has an approved buildable square footage. The price per buildable square foot is approximately $102. The site is zoned R6A, R4-1, and C2-4 / DJ.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,450,000
  • Square Footage: 24,000 SF
  • Zoning: R6A, R4-1, C2-4 / DJ
  • Seller: Neriya Borukhov
  • Buyer: Roberto Tolentino
  • Brokers: Gurpreet Singh - Chip Entwistle

Gurpreet Singh and Chip Entwistle were the brokers involved in facilitating the deal between the seller, Neriya Borukhov, and the buyer, Roberto Tolentino. The transaction represents a significant development opportunity in the Jamaica market.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Gurpreet (Sonny) Singh's profile picture
Gurpreet (Sonny) Singh
Cushman & Wakefield-image
Director
$12.3M Sold
Chip Entwistle's profile picture

Details

Deal Summary
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SOLD
IMAGE: Chip Entwistle (@cbe96) and Gurpreet Singh ADDRESS: 175-31 Jamaica Avenue MARKET: Jamaica CITY: New York ASSET TYPE: Development Site PRICE: $2,450,000 SF: 24,000 SF (Approved Buildable SF) PPBSF: $102 ZONING: R6A, R4-1, C2-4 / DJ SELLER: Neriya Borukhov BUYER: Roberto Tolentino BROKERS: Gurpreet Singh, Chip Entwistle

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Address175-31 Jamaica Avenue

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