Alex Lau Of Montperia Group Acquires Office Building In Bayside Queens For $13 Million

The property asset involved in this transaction is a 61,620-square-foot office building located at 42-40 Bell Boulevard in Bayside, Queens. The sale price for the property was $13,000,000, resulting in a price per square foot of approximately $211.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $13,000,000
• Square Footage: 61,620
• Address: 42-40 Bell Boulevard
• Market: Bayside, Queens
• Buyer: Alex Lau - Montperia Group
• Seller: Vision Enterprises Management

In this transaction, Alex Lau represented Montperia Group, which acquired the property through Bayside 88 Corp. The seller, Vision Enterprises Management, was responsible for the property prior to the sale.