Moshe Kashi Buys Development Site On 32nd Street In Dutch Kills-LIC For $6.61M

Located at 38-24 32nd Street in Dutch Kills, Long Island City, this development site was recently sold for $6,612,500. Spanning 25,650 square feet, the property was acquired by Moshe Kashi from seller Joe Torres. The transaction price equates to approximately $258 per buildable square foot.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,612,500
• Buyer: Moshe Kashi
• Seller: Joe Torres
• Brokers: Alexandre Goulet, Christopher Daniels, Dean Abouelhassan, Anand Melwani - Landair Property Advisors
• Market: Dutch Kills, Long Island City

Landair Property Advisors, the brokerage involved in the deal, prides itself on being a technology-driven firm. With a focus on high-volume transactions, they have successfully sold numerous development sites in Queens over the last year. The company is on a growth trajectory, expanding into Brooklyn, Manhattan, and the Bronx. Their team has now grown to include six agents and back-office support as they strive to establish themselves as one of the leading development site brokers in New York.