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Mehra Properties Acquires Mixed-Use Asset In Forest Hills From Imperial Sterling Ltd For $7.49M

Property Image
SOLD
$7,492,966
Thomas (Tom) Donovan
Abby Todd
+ 1

New York

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Mixed-use13,400 SF
Sold 11/14/2024
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Property Image
SOLD

Mehra Properties Acquires Mixed-Use Asset In Forest Hills From Imperial Sterling Ltd For $7.49M

71-09 Austin Street

See Similar Deals
Mixed-use13,400 SF
Sold 11/14/2024
Thomas (Tom) Donovan
Abby Todd
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$559
Total Square Footage:13,400 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use building located at 71-09 Austin Street in the Forest Hills neighborhood of Queens. The sale price for the asset was $7,492,966, covering a total square footage of 13,400, resulting in a price per square foot of $559.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,492,966
  • Address: 71-09 Austin Street
  • Market: Forest Hills, Queens
  • Square Footage: 13,400
  • Price per Square Foot: $559
  • Buyer: Mehra Properties
  • Seller: Imperial Sterling, Ltd
  • Brokerage Firm: Meridian Capital Group
  • Brokers involved: Thomas Donovan, Tommy Lin, Abby Todd, and Eugene Kim

The deal was facilitated by multiple representatives from Meridian Capital Group, which included Thomas Donovan, Tommy Lin, Abby Todd, and Eugene Kim, indicating a collaborative effort in managing the transaction between Mehra Properties and Imperial Sterling, Ltd.

Players

Thomas (Tom) Donovan
51 deals$730.7M volume(646) 502-3481
BROKER

Tommy Lin
Meridian Capital Group
30 deals$515.9M volume(646) 502-3484
BROKER

Abby Todd
Meridian Capital Group
4 deals$33M volume(646) 502-3482
BROKER

Eugene Kim
Lee & Associates
5 deals$78.5M volume(818) 444-4919
BROKER

Details

SOLD
IMAGE: Tommy Lin, Thomas Donovan, Eugene Kim & Abby Todd DATE: 11/14/2024 ADDRESS: 71-09 Austin Street MARKET: Forest Hills, Queens ASSET TYPE: Mixed-use BUYER: Mehra Properties SELLER: Imperial Sterling, Ltd BROKERS: Thomas Donovan (@TeamDonovan_NYC), Tommy Lin (@TommyLin.Meridian), Abby Todd (@AbbyTodd_Meridian) & Eugene Kim (@EugeneKim.Meridian) - Meridian Capital Group (@Meridian.Capital.Group) SALE PRICE: $7,492,966 SF: 13,400 ~ PPSF: $559

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