SOLD
Gregory Jerez Acquires Mixed-Use Property In Jamaica, Queens For $1.175M
116-31 Sutphin Boulevard
Mixed-use
34,300 SF
34,300 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
34,300 sqft
Located at 116-31 Sutphin Boulevard in Jamaica, Queens, this mixed-use property recently changed hands in a closed transaction. The property spans a total of 3,430 square feet and features three separate retail units with individual basements. The transaction, which took place on November 18, 2018, involved a sale price of $1,175,000 and a price per square foot of $350. The property's capitalization rate is reported to be 5%.
Summary of transation details
- Property Type: Mixed use
- Transaction Amount: $1,175,000
- Square Footage: 3,430 SF
- Address: 116-31 Sutphin Boulevard, Jamaica, Queens
- Market: Jamaica, Queens
The seller in this transaction was Eugene Tamarov, while the buyer was Gregory Jerez. AssetCRG's Albert Aranbaev, Yuriy Ustoyev, and Mark Akilov represented both parties as brokers.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Albert Aranbaev, Mark Akilov and Yuriy Ustoyev
DATE: 11/18/2018
ADDRESS: 116-31 Sutphin Boulevard
MARKET: Jamaica, Queens
ASSET TYPE: Mixed use
PRICE: $1,175,000
SF: 3,430 SF with separate basements for each unit
UNITS: Three retail units
PPSF: $ 350
CAP: 5%
SELLER: Eugene Tamarov
BUYER: Gregory Jerez
BROKERS: AssetCRG’s Albert Aranbaev, Yuriy Ustoyev, and Mark […]View on map
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Address116-31 Sutphin Boulevard
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