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Abdulaziz Alsaad Purchases Multifamily Property In Long Island City From William Zeng Zhang Shao For $3.6M

Property Image
SOLD
$3,600,000

New York

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MultiFamily4,875 SF
Sold
the dealdetailscomps
Property Image
SOLD

Abdulaziz Alsaad Purchases Multifamily Property In Long Island City From William Zeng Zhang Shao For $3.6M

5-42 51st Avenue

See Similar Deals
MultiFamily4,875 SF
Sold
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$738
Total Square Footage:4875 SF
Transaction Type:Sale

The property involved in the transaction is a six-unit multifamily residential walkup located at 5-42 51st Avenue in Long Island City, Queens. It spans 4,875 square feet and has a sale price of $3,600,000, which equates to approximately $738 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,600,000
  • Address: 5-42 51st Avenue
  • Market: Long Island City, Queens
  • Square Footage: 4,875
  • Price Per Square Foot: $738
  • Buyer: Abdulaziz Alsaad
  • Seller: William Zeng Zhang Shao
  • Date of Sale: March 5, 2026

Abdulaziz Alsaad purchased the property through Fifty One Avenue LLC, acquiring it from William Zeng Zhang Shao. The deal closed on March 5, 2026.

Details

SOLD
IMAGE: 03/05/2026 ADDRESS: 5-42 51st Avenue MARKET: Long Island City, Queens ASSET TYPE: Multifamily BUYER: Abdulaziz Alsaad SELLER: William Zeng Zhang Shao SALE PRICE: $3,600,000 SF: 4,875 ~ PPSF: $738 NOTE: Abdulaziz Alsaad, via Fifty One Avenue LLC, purchased the six-unit, 4,875-square-foot residential walkup at 5-42 51st Avenue in Long Island City, Queens from William Zeng Zhang Shao for $3.6M, closing March 5, 2026.

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