Related Fund Management Acquires Mixed-Use Asset In Long Island City For $61M

32-02 Queens Boulevard

$61,000,000

$180/SF

Building Size

337,659 SF

Asset Type

Mixed-use

Closing

Aug 2, 2022

AI

The mixed-use property located at 3202 Queens Boulevard in Long Island City has been sold in a closed transaction. The property spans 337,659 square feet and was sold for a price of $61,000,000, resulting in a price per square foot of $180.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $61,000,000
Market: Long Island City
Buyer: Related Fund Management
Seller: Mana Products
Brokers: Doug Harmon, Kevin Donner, Josh King & Willis Robbins - Cushman & Wakefield

The deal was facilitated by brokers Doug Harmon, Kevin Donner, Josh King, and Willis Robbins from Cushman & Wakefield. They represented both the buyer, Related Fund Management, and the seller, Mana Products, in this transaction.

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