ZD Jasper Realty Acquires Development Site From Ben Chetrit In Woodside For $18.63M

The asset involved in this transaction is a development site located at 64-11 Queens Boulevard in the Woodside market. The property was sold for a total of $18,626,000, with a building square footage (BSF) of 119,000 and a price per building square foot (PPBSF) of $156.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $18,626,000
• Address: 64-11 Queens Boulevard
• Market: Woodside
• Building Square Footage: 119,000
• Price per Building Square Foot: $156
• Buyer: ZD Jasper Realty
• Seller: Ben Chetrit
• Broker Representatives: Andreas Efthymiou, Stephen R. Preuss Sr., James Murad & Adam Hakim - Ripco

This transaction involved key individuals including buyer ZD Jasper Realty and seller Ben Chetrit. The deal was brokered by a team from Ripco consisting of Andreas Efthymiou, Stephen R. Preuss Sr., James Murad, and Adam Hakim, who collaborated effectively across sectors to facilitate both the sale and debt placement for the mixed-use development site.