The development site located at 64-26 Wetherole Street in Rego Park, Queens, was sold for $2,400,000. The property spans 1,568 square feet, with a price per square foot of $1,531, and a buildable square footage of 11,469, resulting in a price per buildable square foot of $209.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,400,000
• Buyer: Yakubov Family
• Seller: Hovsepian Family
• Buyer's Rep: Mitra Hakimi - Mitra Hakimi Realty Group
• Market: Rego Park, Queens
• Address: 64-26 Wetherole Street

Mitra Hakimi, the owner and founder of Mitra Hakimi Realty Group, represented the buyer, the Yakubov Family, in this transaction. The boutique brokerage company is family-owned and operated, based in Forest Hills, Queens. If you are considering selling property in Queens, you can contact Mitra for a free consultation and market analysis.