Barbie Li Team Acquires Multifamily Asset In Flushing For $20.6M

The multifamily property located at 146-17 Northern Blvd in Flushing was recently sold for $20,589,900. The property spans 19,962 square feet, resulting in a price per square foot of $1,031. The transaction took place on May 31, 2022. The sellers of the property were Yong Chen and Steven Shi. The sale was facilitated by Barbie Li, Cindy Li, Vivian Chen, and Roxanne Wu, who represent B Square Realty.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $20,589,900
• Square Footage: 19,962
• Price per Square Foot: $1,031
• Sale Date: May 31, 2022
• Seller: Yong Chen and Steven Shi
• Broker: Barbie Li, Cindy Li, Vivian Chen, Roxanne Wu - B Square Realty

B Square Realty, represented by Barbie Li and her team, specializes in sales of new development projects in Queens. They have achieved significant success in the region, with the first condominium project being completely sold out in less than four months. The project consisted of 34 units with an average price of over $1,050 per square foot on Northern Blvd in Flushing. Additionally, over 20,000 square feet of commercial space was fully leased. For more information, interested parties can contact Barbie Li at [email protected] or 646-889-9988.