Jenel Management Acquires Mixed-Use Development Site In Ozone Park, Queens For $1.2M

A mixed-use development site located at 102-02 Liberty Avenue in Ozone Park, Queens has been sold for a price of $1,220,000. The property spans a total of 9,858 square feet and has a price per buildable square foot (PPBSF) of $124. The transaction involved the Henek Family as the seller and Jenel Management, represented by Joseph Dushey, as the buyer. The brokerage firm Cushman and Wakefield, with Daniel A. Abbondandolo as the representative, facilitated the deal.

Summary of transaction details

• Property Type: Mixed-Use Development Site
• Transaction Amount: $1,220,000
• Address: 102-02 Liberty Avenue, New York
• Market: Ozone Park, Queens
• Total Square Footage: 9,858 sf
• Price per Buildable Square Foot: $124

Jenel Management, led by Joseph Dushey, emerged as the buyer in this transaction. The Henek Family, on the other hand, assumed the role of the seller. Cushman and Wakefield acted as the brokerage firm, with Daniel A. Abbondandolo representing them in the deal.