facebook
Traded Co logo
Submit

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

Property Image
SOLD

New York

See Similar Deals
Mixed-use98,580 SF
Sold 04/20/2018
the dealplayerscompscontact
Property Image
SOLD

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

102-02 Liberty Ave, Ozone Park, NY 11417, USA

See Similar Deals
Mixed-use98,580 SF
Sold 04/20/2018
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:98,580 SF
Transaction Type:Sale

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.

Players

Daniel Abbondandolo
84 deals$509.6M volume(631) 425-1232
BROKER

Joseph Dushey
Jenel Management
5 deals$45.1M volume
BUYER

Details

SOLD
IMAGE: Daniel A. Abbondandolo DATE: 04/20/2018 ADDRESS: 102-02 Liberty Avenue CITY: New York MARKET: Ozone Park, Queens ASSET TYPE: Mixed-Use Development Site PRICE: $1,220,000 BSF: 9,858 sf PPBSF: $124 SELLER: Henek Family BUYER: Jenel Management – Joseph Dushey BROKER: Cushman and Wakefield – Daniel A. Abbondandolo

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00