Joseph Lasala And Armand Baklajian Acquire Mixed-Use Property In Queens For $3.8M

The mixed-use property located at 74-11 Metropolitan Avenue in Middle Village, Queens, was sold for $3,800,000. The property spans 4,600 square feet and features a retail unit, two one-bedroom units, and one two-bedroom unit. The buyer, Joseph Lasala and Armand Baklajian, were represented by Diverse Real Estate. The fully-leased building was previously occupied by Capital One Bank and all apartments are currently rented on a month-to-month basis.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,800,000.00
• Address: 74-11 Metropolitan Avenue, Queens, NY
• Market: Middle Village
• Seller's Rep: Stephen R. Preuss, Kevin Louie, Maurice Suede
• Buyer: Joseph Lasala, Armand Baklajian
• Seller: Prosperous View, LLC
• Square Footage: 4,600

The seller's representatives for the transaction were Stephen R. Preuss, Kevin Louie, and Maurice Suede. On the buyer's side, Diverse Real Estate played a role in facilitating the purchase. Joseph Lasala and Armand Baklajian are the individuals who acquired the property with plans to utilize the building for their business operations.