Jim Cichielo Sells Development Site In Long Island City For $3.13M
5-22 49th Avenue
Development Site
100,000 SF
100,000 SF
Sold 1 year ago
Summary
A development site located at 5-22 49th Avenue in Long Island City has been sold in a recent transaction. The property was listed for an asking price of $3,000,000 and ultimately sold for $3,130,000. With a total building square footage (BSF) of 10,000, the sale price per BSF (PPBSF) comes to $313.
Summary of transaction details:
- Property Type: Development site
- Transaction Amount: $3,130,000
- Address: 5-22 49th Avenue
- Market: Long Island City
- Asking Price: $3,000,000
- BSF: 10,000
- PPBSF: $313
The seller of the property is Jim Cichielo. The deal was facilitated by brokers Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis, and Austin Roche from BKR Real Estate Group.
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5-22 49th Avenue
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