Jin Wang Acquires Development Site In Flushing/Queens For $13.6M

A development site located at 44-15 College Point Boulevard in Flushing/Queens has been sold for $13,600,000. The property, owned by the Kanes Family, was purchased by Jin Wang. The site spans 23,036 square feet and has a price per square foot of $590. The transaction was facilitated by brokers Theo Kontis and Vincenzo Amato from @TEKRA_NY.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $13,600,000
• Address: 44-15 College Point Boulevard, Flushing/Queens
• Market: Flushing/Queens
• BSF: 23,036
• PPBSF: $590

Theo Kontis and Vincenzo Amato acted as the brokers in this transaction, representing the buyers and sellers respectively. They played a crucial role in facilitating the deal between the Kanes Family and Jin Wang.