Development Site Advisors Represents Sale Of Development Site In Long Island City For $10M

The property asset involved in this transaction is a development site located at 3801 Queens Boulevard in Long Island City. The sale price of the asset was $10,000,000 and comprises a building square footage (BSF) of 45,000, translating to a price per building square foot (PPBSF) of $222.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,000,000
• Address: 3801 Queens Boulevard
• Market: Long Island City
• BSF: 45,000
• PPBSF: $222

The deal involved brokers Rubin Isak, Lev Kimyagarov, and Alex Isak, who represent Development Site Advisors in the transaction, facilitating the sale and ensuring a successful agreement between the parties.