Steven Wrightson Acquires Mixed-Use Property In Sunnyside Queens For $82.5M

Located at 25-11 49 Avenue in the Sunnyside neighborhood of Queens, this mixed-use property was recently sold in a closed transaction. The property is zoned as M1-4, allowing for versatile use.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $82,500,000
• Address: 25-11 49 Avenue, Sunnyside, Queens
• Market: Sunnyside, Queens
• Buyer: Steven Wrightson
• Seller: Travis Feehan
• Building Square Footage: 193,420 SF
• Price per Square Foot: $426
• Lot Size: 92,105 SF
• Permits: Alteration permit obtained on 12/06/2021
• Lot Dimension: 419 ft x 454.42 ft

Representing the buyer in this transaction is Steven Wrightson. The deal was finalized on 01/21/2022, with a transaction amount of $82,500,000. The property has a building square footage of 193,420 SF, with a price per square foot of $426. The lot size is 92,105 SF, and the permit for alteration was obtained on 12/06/2021. The property is zoned as M1-4, with a FAR of 2.10 and tax class 4.