Franklin Fan Leong Acquires Multifamily Property In Forest Hills, Queens For $3.8M

Located in Forest Hills, Queens, the multifamily property at 43 Greenway Terrace was recently sold. The transaction took place on July 28, 2022, with a total sale price of $3,800,000. The property has a building square footage (BSF) of 5,040, resulting in a price per BSF of $753. The total lot size is 10,080, with dimensions of 60 ft x 168 ft.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $3,800,000
• Building Square Footage (BSF): 5,040
• Price per BSF: $753
• Lot Size: 10,080
• Lot Dimensions: 60 ft x 168 ft

The buyer of the property is Franklin Fan Leong, while Ann Carter Seeler and Evelyn Mckay are the sellers. The zoning of the property is classified as R3-2, with a floor-area ratio (FAR) of 0.61. The property falls under tax class 1.