Islam Family Purchases Mixed-Use Property At 73-12 70th Street From Sprotte Family For $550,000
New York
See Similar DealsIslam Family Purchases Mixed-Use Property At 73-12 70th Street From Sprotte Family For $550,000
73 12 70th Street
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73-12 70th Street, located in Glendale, NY, is a mixed-use property that was sold for $550,000. The asset comprises 1,700 square feet of space, with a price per square foot of $323. The building includes office space situated above two garages.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $550,000
- Address: 73-12 70th Street
- Market: Glendale
- Square Footage: 1,700
- Price per Square Foot: $323
- Buyer: Islam Family
- Seller: Sprotte Family
- Brokers: David Caba & DJ Johnston - Matthews
This transaction was facilitated by brokers David Caba and DJ Johnston of Matthews Real Estate Investment Services™, marking the final asset in the NYC investment portfolio of the seller. This strategic sale represents the conclusion of a well-executed disposition strategy that involved multiple properties.
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