Yeanam Moon Kim Acquires Murray Hill Retail Property For $5 Million

The retail property located at 158-17 Northern Boulevard in Murray Hill, Queens has been sold in a closed transaction. The property is zoned as R5B and C1-2, allowing for both residential and commercial use. With a total building size of 9,011 square feet, the property was sold at a price of $5,000,000, resulting in a price per buildable square foot of $554.

Summary of transaction details

• Property Type: Retail
• Sale Price: $5,000,000
• Building Size: 9,011 square feet
• Price per Buildable Square Foot: $554
• Address: 158-17 Northern Boulevard, Murray Hill, Queens
• Market: Murray Hill, Queens
• Zoning: R5B, C1-2

The buyer of the property is Yeanam Moon Kim, while the seller is Mu Young Ku. The sale was made with a floor area ratio (FAR) of 0.84. The property falls under tax class 4 and has a lot size of 6,675 square feet. The alterations permit for the property, categorized as type 2, was obtained on November 13, 2017. The lot dimensions are 75 feet by 89 feet.