Samuel Teitelbaum Acquires Office Building At 731 Flushing Avenue In Broadway Triangle For $20M

Located in the Broadway Triangle, the property at 731 Flushing Avenue has recently been sold in a closed transaction. The asset type of this property is an office, spanning across approximately 73,000 square feet. The sale occurred on November 30, 2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $20,000,000
• Address: 731 Flushing Avenue
• Market: Broadway Triangle

The buyer of this property is Samuel Teitelbaum, while Zachary Lewis is the seller. Representing both parties in this transaction are brokers Ben Tapper, Sean Slattery, and Garry Steinberg from Lee & Associates Commercial Real Estate.

The transaction involved a 99-year leasehold creation with upfront pre-paid rent. For more information about this sale, you can get in touch with Ben Tapper at [email protected] or by calling (646) 658-7334. Alternatively, you can contact Sean Slattery at [email protected] or by calling (646) 723-4011.