Mark Friedman Of CareRite Centers Acquires Hospital In Whitestone Queens For $58.175M

The asset involved in this transaction is a hospital located at 157-15 19th Avenue in Whitestone, Queens. The sale was concluded for $58,175,000, encompassing 47,000 square feet, resulting in a price per square foot of $1,238.

Summary of transaction details:

• Property Type: Hospital
• Transaction Amount: $58,175,000
• Square Footage: 47,000
• Price per Square Foot: $1,238
• Buyer: Mark Friedman - CareRite Centers
• Seller: Jeremy B. Strauss - Grand Healthcare
• Market: Whitestone, Queens
• Date of Sale: April 27, 2026

Mark Friedman, representing CareRite Centers through Forbes Ventures LLC, acquired the Grand Rehabilitation and Nursing at Queens facility along with an adjacent parking lot from Jeremy B. Strauss of Grand Healthcare's Clearview Land LLC. The transaction is noted as a cash-flowing investment deal that closed on April 28 and was recorded on June 24.