Haneel Darnut Acquires Development Site In Queens For $1.2M

A development site located at 23-12 30th Avenue in Queens has been sold in a closed transaction. The sale took place on November 14, 2023. The property was purchased by Haneel Darnut from the seller Ahn Glenn. The transaction was facilitated by brokers Stephen R. Preuss Sr., Andreas Efthymiou, Christian Allimonos, Kevin Schmitz, and Kevin Louie from Ripco. The sale price for the development site was $1,237,500, with a price per buildable square foot (PPBSF) of $157.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,237,500

Stephen R. Preuss Sr., Andreas Efthymiou, Christian Allimonos, Kevin Schmitz, and Kevin Louie from Ripco represented the buyer and seller in this transaction. They played a crucial role in facilitating the deal between Haneel Darnut and Ahn Glenn for the development site at 23-12 30th Avenue in Queens. The involvement of these brokers highlights their expertise in the real estate market and their ability to successfully close this transaction.