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65th Avenue
SOLD

A&E Real Estate Holdings Acquires The Rego Park 18 Portfolio In Queens Boulevard For $129.5M

65th Avenue

MultiFamily
568,276 SF
clock iconSold 1 year ago
Tommy Lin
Thomas (Tom) Donovan
Robert Rappa
+ 2
the dealplayerscompscontact
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Summary

Sale
NEW YORK
MultiFamily
568,276 sqft

The Rego Park 18 Portfolio, located at Queens Boulevard & 65th Avenue in Rego Park, is a multifamily property. The property consists of 539 units and has a total square footage of 568,276. The price of the portfolio transaction was $129,500,000, resulting in a price per unit of $240,000. The price per square foot is $227. The building square footage is 238,262, with a price per building square foot of $54.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $129,500,000
  • Square Footage: 568,276
  • Price Per Square Foot: $227
  • Building Square Footage: 238,262
  • Price Per Building Square Foot: $54
  • Units: 539
  • Price Per Unit: $240,000

The buyer in this transaction was A&E Real Estate Holdings, while the seller was Kestenbaum. Notable individuals involved in the deal include Thomas Donovan, Tommy Lin, Eugene Kim, Robert Rappa, Doug Eisenberg, and Aaron Jungreis, who represented the buyer, A&E Real Estate Holdings. All parties were instrumental in the successful completion of this transaction.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Tommy Lin's profile picture
Tommy Lin
B6 Real Estate Advisors-image
Director
$241.2M Sold
Robert Rappa's profile picture
Eugene Kim's profile picture
$204.8M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Thomas Donovan, Tommy Lin, Eugene Kim, Robert Rappa, Doug Eisenberg & @AaronJungreis, ADDRESS: Queens Boulevard & 65th Avenue NAME: The Rego Park 18 Portfolio MARKET: Rego Park ASSET TYPE: Multifamily PRICE: $129,500,000 SF: 568,276 / PPSF: $227 BSF: 238,262 / PPBSF: $54 UNITS: 539 / PPU: $240K BUYER: A&E Real Estate Holdings SELLER: Kestenbaum […]

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