Isaac Turkieh Acquires Best Western Hotel In Corona For $4.25M

The Best Western Hotel located at 112-26 Roosevelt Avenue in Corona, LaGuardia Airport has been sold for a price of $4,250,000. The mixed-use property spans across 38,798 square feet, resulting in a price per square foot of $109.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $4,250,000
• Address: 112-26 Roosevelt Avenue
• Market: Corona, LaGuardia Airport
• Square Footage: 38,798
• Price per Square Foot: $109

The seller of the property was Shahen Guiragossian, while the buyer was Isaac Turkieh. The deal was facilitated by Charles Chang of Highcap Group. It is worth noting that the Best Western Hotel comes with a 90-key capacity and has a triple-net lease in place for another 47 years.