Mark Koplowitz Acquires Retail Condo On College Point Blvd. In Queens For $2.15M

A retail condo located at 15-08 College Point Blvd in College Point, Queens, has been sold for $2.15 million. The property spans across 12,500 square feet with a price per square foot (PPSF) of $172. The sale also achieved a capitalization rate (CAP) of 4.56%.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $2.15 million
• Square Footage: 12,500 SF
• Price Per Square Foot: $172
• Capitalization Rate: 4.56%
• Seller: Grace Kang
• Buyer: Mark Koplowitz

The deal was facilitated by the brokers, Scott Plasky from @splasky1 and Billy Stephan from @billstephaniv.