Marcus & Millichap Facilitates $14.5M Multifamily Sale In Jackson Heights, Queens

The multifamily property located at 94-05, 94-19, and 95-05 35th Avenue in Jackson Heights, Queens has been sold for a total of $14,500,000. The asset consists of a total of 103 units, with an average price per unit of $140,777. The property spans approximately 100,000 square feet, resulting in a price per square foot of $145.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,500,000
• Address: 94-05, 94-19, and 95-05 35th Avenue, Jackson Heights, Queens
• Market: Jackson Heights, Queens
• Units: 103
• Price per Unit: $140,777
• Square Footage: 100,000
• Price per Square Foot: $145

The sale of this multifamily property was facilitated by the broker team consisting of Shaun Riney, Seth Glasser, Sean Fopeano, Louis Zarif, and Joe Koicim from Marcus & Millichap.