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66 43 grand avenue
SOLD

Noah Shaw Acquires Mixed-Use Property At 66-43 Grand Avenue, Maspeth, Queens For $2.1M

66 43 grand avenue

Mixed-use
8,400 SF
clock iconSold 1 year ago
Kevin Schmitz
Kevin Louie
Andreas Efthymiou
+ 2
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Summary

Sale
NEW YORK
Mixed-use
8,400 sqft

A mixed-use property located at 66-43 Grand Avenue in Maspeth, Queens has been sold for $2,085,000. The property spans 8,400 square feet, resulting in a price per square foot of $248. The transaction took place on January 25, 2023.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $2,085,000
  • Square Footage: 8,400
  • Price per Square Foot: $248
  • Transaction Date: January 25, 2023
  • Address: 66-43 Grand Avenue, Maspeth, Queens

Noah Shaw has acquired the property from the seller, Lorraine E. Ripley Revocable Trust. The deal was facilitated by brokers Stephen R. Preuss Sr., Andreas Efthymiou, Kevin Schmitz, and Kevin Louie, representing Ripco.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Kevin Schmitz's profile picture
Kevin Schmitz
Ripco-image
Managing Director
$597.2M Sold
Kevin Louie's profile picture

Details

Deal Summary
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SOLD
IMAGE: Stephen R. Preuss Sr., Andreas Efthymiou, Kevin Schmitz & Kevin Louie DATE: 01/25/2023 ADDRESS: 66-43 Grand Avenue MARKET: Maspeth, Queens ASSET TYPE: Mixed-Use BUYER: Noah Shaw SELLER: Lorraine E. Ripley Revocable Trust BROKERS: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Andreas Efthymiou (@Andreas.E_Investment_Sales), Kevin Schmitz (@Kevin.Schimtz_CRE) & Kevin Louie (@Kevin.Louie_Investment_Sales) - Ripco (@RipcoRealEstate) SALE PRICE: $2,085,000 SF: 8,400 ~ PPSF: $248 IN-PLACE CAP RATE: 5.2%

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Address66 43 grand avenue

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