Sherry Tucker Of WellLife Network Acquires Development Site From Grace Episcopal Church For $9M

A development site located at 90-20 Parsons Boulevard in Jamaica, Queens, is currently under contract for a sale price of $9,000,000. The property offers a buildable area of up to 90,000 square feet, thanks to additional air rights, with a building square feet (BSF) of 39,000 and a price per building square foot (PPBSF) of $231.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,000,000
• Address: 90-20 Parsons Boulevard
• Market: Jamaica, Queens
• Buyer: Sherry Tucker - WellLife Network
• Seller: Grace Episcopal Church
• BSF: 39,000
• PPBSF: $231

Sherry Tucker, representing WellLife Network, has signed a contract to purchase the development site from Grace Episcopal Church, securing significant buildable potential in a prime location.