Wildflower LTD Acquires Vacant Land At 160-66 Rockaway Boulevard From City Of New York For $8.9M

The transaction involved vacant land located at 160-66 Rockaway Boulevard in Springfield Gardens, Queens. The total sale price for the asset was $8,900,000, and it encompasses a square footage of 109,228. The price per square foot is calculated at $81.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $8,900,000
• Address: 160-66 Rockaway Boulevard
• Market: Springfield Gardens, Queens
• Buyer: Wildflower LTD
• Seller: City of New York
• BSF: 109,228
• PPBSF: $81

Wildflower Ltd., through its entity Wildflower JFK North LLC, completed the transaction with the City of New York. The buyer has plans to develop a 65-stall electric vehicle fast-charging surface lot on the acquired land within the next three years.