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Court 16 Acquires Mixed-Use Building In Long Island City For $5.2M

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SOLD
$5,225,000

New York

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Mixed-use11,000 SF
Sold 10/27/2023
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SOLD

Court 16 Acquires Mixed-Use Building In Long Island City For $5.2M

13-06 Queens Plaza South

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Mixed-use11,000 SF
Sold 10/27/2023
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$475
Total Square Footage:11,000 SF
Transaction Type:Sale

An mixed-use building located at 13-06 Queens Plaza South in Long Island City, Queens has been sold for a total price of $5,225,000. The building has a total square footage of 22,190 and a price per square footage of $235. It consists of 11,000 square feet, which translates to a price per square foot of $475.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $5,225,000
  • Building Square Footage: 22,190
  • Price per Square Foot: $235
  • Total Square Footage: 11,000
  • Price per Square Foot: $475

Court 16, the tennis education firm operating through the entity Court 16 LIC Properties LLC, has acquired the mixed-use building at 13-06 Queens Plaza South from Edward Farrell of Gratz Industries, Inc. The seller, Edward Farrell, was represented by his broker.

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2 deals$5.2M volume
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Details

SOLD
IMAGE: Anthony Evrard DATE: 10/27/2023 ADDRESS: 13-06 Queens Plaza South MARKET: Long Island City, Queens ASSET TYPE: Mixed-use BUYER: Anthony Evrard - Court 16 (@Court16Tennis) SELLER: Edward Farrell SALE PRICE: $5,225,000 BSF: 22,190 ~ PPBSF: $235 SF: 11,000 ~ PPSF: $475 NOTE: Court 16, the tennis education firm operating through the entity Court 16 LIC Properties LLC, has acquired the mixed-use building (K9) at 13-06 Queens Plaza South in Long Island City, Queens, for $5.2 million from Edward Farrell of Gratz Industries, Inc.

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