Jasper Wu And Michael Wang Acquire Development Site In Long Island City For $12.75M

The property involved in this transaction is a development site located at 46-34 11th Street & 10-54 46th Road in Long Island City. The transaction was completed with a sale price of $12,750,000 for a total square footage of 9,669, resulting in a price per square foot of $1,318.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $12,750,000
• Address: 46-34 11th Street & 10-54 46th Road
• Market: Long Island City
• Square Footage: 9,669
• Price Per Square Foot: $1,318
• Buyer: Jasper Wu - ZD Jasper Realty
• Buyer: Michael Wang - Winspire Development
• Broker: Paul Youssef - FTS Capital
• Date of Transaction: 9/18/2025

This deal was marked by the participation of Jasper Wu and Michael Wang as buyers representing ZD Jasper Realty and Winspire Development, respectively. The broker for this transaction was Paul Youssef from FTS Capital, facilitating the dealings between the involved parties.