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5-22 49th Avenue
SOLD

Jim Cichielo Sells Development Site In Long Island City For $3.13M

5-22 49th Avenue

Development Site
100,000 SF
clock iconSold 1 year ago
Max Belinsky
Constantinos Kapelonis
Austin Roche
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Summary

Sale
NEW YORK
Development Site
100,000 sqft

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.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Max Belinsky's profile picture
Max Belinsky
BKR Real Estate Group-image
Managing Partner
$19.7M Sold
Austin Roche's profile picture

Details

Deal Summary
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SOLD
IMAGE: @MaxBelinsky, @DimitriKapelonis, @ConstantinosKapelonis, @Austin_Roche DATE: 09/04/2020 ADDRESS: 5-22 49th Avenue MARKET: Long Island City ASSET TYPE: Development site ASKING PRICE: $3,000,000 SALE PRICE: $3,130,000 BSF: 10,000 PPBSF: $313 BUYER: SELLER: Jim Cichielo BROKERS: Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis, Austin Roche @BKR_RealEstateGroup

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Address5-22 49th Avenue

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