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Brody Family Acquires Retail Property In Queens For $13.25M Via Douglas Elliman Commercial

Property Image
SOLD
$13,250,000

New York

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Retail12,500 SF
Sold 04/27/2023
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Property Image
SOLD

Brody Family Acquires Retail Property In Queens For $13.25M Via Douglas Elliman Commercial

139-29 Hillside Avenue

See Similar Deals
Retail12,500 SF
Sold 04/27/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,060
Total Square Footage:12,500 SF
Transaction Type:Sale

A retail property located at 139-29 Hillside Avenue in Queens has been sold in a recent transaction. The property spans 12,500 square feet and was sold for a total of $13,250,000, resulting in a price per square foot of $1,060.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $13,250,000
  • Address: 139-29 Hillside Avenue, Queens
  • Market: Queens
  • Buyer: Brody Family
  • Broker: Michael Gronenthal & John Abbate - Douglas Elliman Commercial
  • Square Footage: 12,500
  • Price Per Square Foot: $1,060

The transaction was facilitated by brokers Michael Gronenthal and John Abbate from Douglas Elliman Commercial, who represented the buyer, Brody Family. They played a crucial role in negotiating the deal and ensuring a successful transaction for all parties involved.

Players

Michael Gronenthal
38 deals$106.7M volume(516) 439-6789
BROKER

John Abbate
Douglas Elliman
5 deals$35.1M volume
BROKER

Details

SOLD
IMAGE: Michael Gronenthal & John Abbate DATE: 04/27/2023 ADDRESS: 139-29 Hillside Avenue MARKET: Queens ASSET TYPE: Retail BUYER: Brody Family BROKERS: Michael Gronenthal (@Michael.Gronenthal) & John Abbate (@JAbbate209) - Douglas Elliman Commercial (@DouglasEllimanCommercialli) SALE PRICE: $13,250,000 SF: 12,500 ~ PPSF: $1,060

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