SOLD
Andy Zheng Acquires Queens Retail Condo From Wharton Properties For $8M
136-11 Roosevelt Avenue
Mixed-use
1,906 SF
1,906 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
1,906 sqft
A retail condo located at 136-11 Roosevelt Ave in Queens has been sold for $8,000,000. The property spans 1,906 square feet, resulting in a price per square foot of $4,197. Additionally, the building's total square footage is 5,838, which translates to a price per building square foot of $1,370. The transaction took place on February 25, 2019.
Summary of transation details
- Property Type: Retail Condo
- Transaction Amount: $8,000,000
- Address: 136-11 Roosevelt Ave
- Market: Queens
- SF: 1,906
- PPSF: $4,197
- BSF: 5,838
- PPBSF: $1,370
The seller of the property was Wharton Properties, while the buyer was Andy Zheng. Robert Chattah and Aziz Kabbaj from Sitt Ventures represented both parties in the deal. It is worth noting that Sitt Ventures, founded by Robert Chattah, is currently in the process of a merger and will operate under a new name starting next month.
Players
All
2
Agents
2
Details
SOLD
IMAGE: Robert Chattah, Joseph Sutton, Jeff Sutton & Aziz Kabbaj
DATE: 02/25/2019
ADDRESS: 136-11 Roosevelt Ave
MARKET: Queens
ASSET TYPE: Retail Condo
SELLER: Wharton Properties
BUYER: Andy Zheng
BROKERS: Robert Chattah & Aziz Kabbaj - Sitt Ventures
SALE PRICE: $8,000,000
SF: 1,906 ~ PPSF: $4,197
BSF: 5,838 ~ PPBSF: $1,370
NOTE: Sitt Ventures, founded by Robert Chattah is working on a merger. The brokerage will operate under a new name next month.View on map
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Address136-11 Roosevelt Avenue
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