Gameel Saeidi Acquires Retail Property In Jamaica, Queens For $6M

The retail property located at 146-19 Archer Avenue in Jamaica, Queens, was sold for $6 million. The two-unit retail building spans 11,040 square feet, resulting in a price per square foot of $543. The transaction took place on April 17, 2024, with Gameel Saeidi purchasing the property from Radin Enterprises' entity Radin Enterprises LLC.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,000,000
• Buyer: Gameel Saeidi
• Seller: Michael Shanker - Radin Enterprises
• Address: 146-19 Archer Avenue
• Market: Jamaica, Queens
• SF: 11,040
• PPSF: $543

Gameel Saeidi, through Sutphin Ny LLC, was the buyer in this transaction, acquiring the retail property from Radin Enterprises. The seller, Michael Shanker, represented Radin Enterprises LLC in the sale of the two-unit retail building at 146-19 Archer Avenue in Jamaica, Queens.