David Lin Acquires Development Site In Corona, Queens For $2.9M

A development site located at 96-11 37th Ave. in Corona, Queens has been sold in a recent transaction. The property was sold for a total price of $2,925,000. The buyer in this transaction was David Lin, while the seller was the Kornblum Family. The broker representing both parties in this deal was Alexandre Goulet from Landair Property Advisors.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,925,000
• Address: 96-11 37th Ave.
• Market: Corona, Queens
• Buyer: David Lin
• Seller: Kornblum Family
• Broker: Alexandre Goulet - Landair Property Advisors

In this sale, the development site has a building square footage (BSF) of 15,000. The price per buildable square footage (PPBSF) is calculated to be $195.

Landair Property Advisors, the brokerage firm involved in this transaction, is actively looking for brokers to join their growing investment sales team. They specialize in the sale of development sites in NYC. Interested individuals can send their resumes to [email protected] to explore potential opportunities.