Anzalone Family Sells Mixed-Use Property In Long Island City, Queens For $3.125M

The mixed-use property located at 47-16 Vernon Boulevard in Long Island City, Queens has been sold for a total price of $3,125,000. The property spans across 4,875 square feet, resulting in a price per square foot of $641. The asset consists of 4 apartments and 1 retail unit which is occupied by a restaurant. The price per unit for this transaction is $625,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,125,000
• Square Footage: 4,875
• Price per Square Foot: $641
• Number of Units: 4 Apartments + 1 Retail (Restaurant)
• Price per Unit: $625,000

The seller of the property is the Anzalone Family. However, the buyer's identity has not been disclosed in the available information. The deal was facilitated by a team of brokers including Max Belinsky, Constantinos Kapelonis, and Austin Roche from BKR Real Estate Group.