A development site located at 6819 Woodhaven Boulevard in Rego Park, Queens has been sold for a price of $12,500,000. The property spans a total of 25,652 square feet, resulting in a price per square foot of $487. The building size factor is 92,346 square feet, equating to a price per building square foot of $135.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $12,500,000
• Square Footage: 25,652
• Price per Square Foot: $487
• Building Size Factor: 92,346
• Price per Building Square Foot: $135
• Seller: Damien Smith & Eddie Bender - Prosper Property Group

The development site was sold by Damien Smith & Eddie Bender, who are representatives of Prosper Property Group. The transaction included ULURP approval, DOB-approved plans, acceptance into the NYS Brownfields program, and demolition and foundation work completed prior to the expiration of the 421a incentive. Prosper Property Group is actively seeking to acquire additional development sites and value-added projects. For inquiries, please reach out to [email protected].