Xi Makmeng Acquires Development Site From Goss Family At 42-40 Crescent Street For $3.7M

The transaction involves a development site located at 42-40 Crescent Street in Long Island City. The sale price was $3,700,000, and the property has a total square footage of 11,250, resulting in a price per square foot of $328.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,700,000
• Address: 42-40 Crescent Street
• Market: Long Island City
• Square Footage: 11,250
• Price per Square Foot: $328
• Buyer: Xi Makmeng
• Seller: Goss Family
• Broker: Dean Abouelhassan - Landair Advisors

The key individuals involved in this transaction include Xi Makmeng as the buyer and the Goss Family as the seller. Dean Abouelhassan from Landair Advisors represented the transaction as the broker for the sale.