Gadi Ben-Hamo Acquires Retail Property On Hillside Avenue For $10M

The retail property located at 144-20 Hillside Avenue in Jamaica, Queens has been sold for a price of $10,000,000. The property has a total building square footage of 22,312, resulting in a price per square foot (PPSF) of $448. The lot size is 17,860 square feet with dimensions of 80 ft x 165 ft. This transaction took place on April 27, 2021.

Summary of transaction details:

• Property Type: Retail
• Address: 144-20 Hillside Avenue, Jamaica, Queens
• Market: Jamaica, Queens
• Buyer: Gadi Ben-Hamo
• Seller: Sandra Halpern
• Price: $10,000,000
• Building Square Footage (BSF): 22,312
• Price per Square Foot (PPSF): $448
• Lot Size: 17,860 sq ft
• Lot Dimensions: 80 ft x 165 ft

Gadi Ben-Hamo was the buyer in this transaction, while Sandra Halpern acted as the seller. The property is classified under tax class 4 and has a floor-to-area ratio (FAR) of 0.13. The property had a permit for a sign, issued on June 26, 2012.