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Catholic Charities Brooklyn & Queens Acquires Mixed-Use Building In Jamaica, Queens For $6.05M

Property Image
SOLD
$6,050,000

New York

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Mixed-use11,308 SF
Sold 04/26/2023
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Property Image
SOLD

Catholic Charities Brooklyn & Queens Acquires Mixed-Use Building In Jamaica, Queens For $6.05M

107-67 Merrick Boulevard

See Similar Deals
Mixed-use11,308 SF
Sold 04/26/2023
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$535
Total Square Footage:11,308 SF
Transaction Type:Sale

The Catholic Charities Brooklyn & Queens has acquired a mixed-use building in Jamaica, Queens, for a total price of $6,050,000. The property, located at 107-67 Merrick Boulevard, spans 11,308 square feet and has a purchase price per square foot of $535. Additionally, the building comes with 5,549 square feet of additional air rights. The transaction was facilitated by Platinum Realty Associates, represented by Peter Young.

Summary of transaction details

  • Property Type: Mixed-Use
  • Sale Price: $6,050,000
  • Building Square Footage: 11,308
  • Purchase Price per Square Foot: $535
  • Address: 107-67 Merrick Boulevard, Jamaica, Queens

The buyer in this transaction is Catholic Charities Brooklyn & Queens, represented by Emmie Glynn Ryan. The seller, Platinum Realty Associates, facilitated the deal with Peter Young as their representative. This acquisition adds to Catholic Charities Brooklyn & Queens' property portfolio in the area.

Players

ER
Emmie Glynn Ryan
2 deals$10.8M volume
BUYER
PA
Platinum Realty Associates
SELLER

Details

SOLD
IMAGE: 04/25/2023 ADDRESS: 107-67 Merrick Boulevard MARKET: Jamaica, Queens ASSET TYPE: Mixed-Use BUYER: Catholic Charities Brooklyn & Queens - Emmie Glynn Ryan SELLER: Platinum Realty Associates - Peter Young SALE PRICE: $6,050,000 BSF: 16,818 ~ PPBSF: $359 SF: 11,308 ~ PPSF: $535 NOTE: Catholic Charities Brooklyn & Queens paid $6 million for a mixed-use building in Jamaica, Queens, from Platinum Realty Associates. The 11,308 square foot building has 5,549 square feet of additional air rights.

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