SOLD
Fully Rent-Stabilized Multifamily Building In Rego Park, Queens Sold For $48M
99-19 66th Road
MultiFamily
Sold 146 days ago
Summary
Sale
NEW YORK
MultiFamily
A fully rent-stabilized building located at 99-19 66th Road in Rego Park, Queens has been sold for $48 million. The property, known as Fannwood Estates, is a multifamily asset consisting of 312 units. The sale price translates to an average price per unit of $153,846.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $48,000,000
- Units: 312
- Price Per Unit: $153,846
- Market: Rego Park, Queens
The sale was facilitated by Seth Glasser and Shaun Riney from the brokerage firm Marcus & Millichap. They represented both the buyer and the seller in this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Seth Glasser & Shaun Riney
DATE: 12/08/2023
ADDRESS: 99-19 66th Road
MARKET: Rego Park, Queens
ASSET TYPE: Multifamily
BROKERS: Seth Glasser (@SethGlasser1) & Shaun Riney (@ShaunRiney1) - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $48,000,000
UNITS: 312 ~ PPU: $153,846
NOTE: A fully rent-stabilized building in Queens' Rego Park neighborhood, Fannwood Estates at 99-19 66th Road, has been sold for $48 million.View on map
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Address99-19 66th Road
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