Wei Chen Acquires Development Site At 39-39 Queens Boulevard In Sunnyside For $10.8M

This development site located at 39-39 Queens Boulevard in the Sunnyside market involves a transaction with a sale price of $10,800,000. It has a building square footage (BSF) of 38,000, translating to a price per building square foot (PPBSF) of $284. The site also features a total square footage (SF) of 9,500, which corresponds to a price per square foot (PPSF) of $1,136.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,800,000
• Buyer: Wei Chen
• Seller: Kenny Kerr
• Broker: Cole Kinney Leonhardt - Brax Realty

The deal involved key individuals including the buyer, Wei Chen, and the seller, Kenny Kerr. The transaction was facilitated by broker Cole Kinney Leonhardt, representing Brax Realty in this deal.