National Grid Acquires Retail Property At 100-32 Metropolitan Avenue From Jay Kim For $4.95M

The property asset involved in this transaction is a retail space located at 100-32 Metropolitan Avenue in the Forest Hills market. It was sold for a transaction amount of $4,950,000, encompassing a total area of 10,000 square feet, resulting in a price per square foot of $495.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,950,000
• Square Footage: 10,000
• Price per Square Foot: $495
• Buyer: National Grid
• Seller: Jay Kim
• Brokers: Solomon Davydov & Roman Davydov - Exit Realty First Choice
• Date of Transaction: 04/15/2025

This deal was facilitated by the real estate expertise of Solomon Davydov and Roman Davydov, who represented the parties involved. Their involvement highlights their role in successfully closing this transaction, contributing to the continued activity in the market.