Ciampa Organization Acquires Development Site In Jamaica Estates, Queens For $5.2M

183-03 Hillside Avenue, a development site located in Jamaica Estates, Queens, has been sold in a recent transaction. The property, represented by Michael D. Morici Jr, features a total of 46 units with an average price per unit of $112,627. The sale was facilitated by the Ciampa Organization, with Michael P. Grey acting as the seller.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,180,850
• Units: 46
• Price Per Unit: $112,627
• Buyer: Ciampa Organization - Michael D. Morici Jr
• Seller: Michael P. Grey

The Ciampa Organization, represented by Michael D. Morici Jr, successfully acquired the development site at 183-03 Hillside Avenue in Jamaica Estates, Queens, for a total price of $5,180,850. The site features 46 units, with each unit valued at an average of $112,627. The seller, Michael P. Grey, facilitated the transaction.