Bongho Ha & Mi Kwang Ha Acquire Retail Property In Murray Hill, Queens For $3.3M

The retail property located at 165-19 Northern Boulevard in Murray Hill, Queens has been sold. The property has a total square footage of 5,200 and is zoned for R2 and C1-2. The transaction took place on December 30, 2021, with a sale price of $3,300,000. The price per square foot for the property is $635, and the building has a total building square footage of 1,310 with a price per building square foot of $2,519. The property's floor area ratio (FAR) is 1.99, and it falls in tax class 4. The lot size is 2,619 square feet, with dimensions of 43.83 ft x 60 ft. The property was last sold on April 15, 2010, for $0.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,300,000
• Market: Murray Hill, Queens
• Buyer: Bongho Ha & Mi Kwang Ha
• Seller: Sung W Han

Bongho Ha & Mi Kwang Ha were the buyers of the property, and Sung W Han was the seller. The property is located in the Murray Hill market in Queens. It has a lot dimension of 43.83 ft x 60 ft, and the lot size is 2,619 square feet. The property was last sold in 2010 for $0. This transaction presents an opportunity for the new owners to invest in a retail property in a prime location.