Wei Ma Purchases Development Site From Susan Bolger In Long Island City For $2.92M

The asset involved in the transaction is a development site located at 39-36 28th Street in Long Island City. The sale price was $2,920,000, with a buildable square footage of 11,007, leading to a price per buildable square foot of $265. The property also features a total square footage of 3,120, resulting in a price per square foot of $935.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $2,920,000
• Buyer: Wei Ma
• Seller: Susan Bolger
• Broker: Evan Daniel - Modern Spaces
• Buildable Square Footage: 11,007
• Price Per Buildable Square Foot: $265
• Total Square Footage: 3,120
• Price Per Square Foot: $935

Evan Daniel represented the broker side in this transaction and expressed pride in successfully closing the deal, highlighting the closing price of $265 per buildable square foot. He also extended gratitude to Elliot Steinmetz for assistance during the process. Daniel is actively involved in marketing over $200 million in commercial and investment properties in Western Queens.