Westhab Acquires Development Site In Rego Park, Queens For $13.2M

A $13,200,000 development site in Rego Park, Queens, located at 92-54 Queens Boulevard, has been sold. The sale took place on 08/03/2022 and the buyer was Westhab represented by Richard Nightingale. The seller of the property was Slate Property Group. The development site has a buildable square footage of 42,277 and a price per buildable square foot of $311.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $13,200,000
• Address: 92-54 Queens Boulevard
• Market: Rego Park, Queens
• Buyer: Westhab - Richard Nightingale
• Seller: Slate Property Group
• Buildable Square Footage: 42,277
• Price Per Buildable Square Foot: $311

Richard Nightingale, representing Westhab, facilitated the transaction as the buyer's representative. This deal highlights the strong demand for development sites in Rego Park, Queens, and the potential for future growth in the area.