Shoshani Family Acquires Retail Office Property At 166-14 Jamaica Avenue For $2.5M

The property asset involved in this transaction is located at 166-14 Jamaica Avenue in the Jamaica market. It is classified as a Retail/Office asset with a total square footage of 7,740 and a building size factor of 20,950. The sale price for this property was set at $2,500,000, translating to a price per square foot of $322 and a price per building size factor of $119.

Summary of transaction details:

• Property Type: Retail/Office
• Transaction Amount: $2,500,000
• Address: 166-14 Jamaica Avenue
• Market: Jamaica
• Square Footage: 7,740
• Price per Square Foot: $322
• Building Size Factor: 20,950
• Price per Building Size Factor: $119
• Buyer: Shoshani Family
• Brokers: Dylan Walsh, Austin Weiner & Jonathan Squires - Cushman & Wakefield

The deal involved the Shoshani Family as the buyer, with representation provided by brokers Dylan Walsh, Austin Weiner, and Jonathan Squires from Cushman & Wakefield. Their collaboration facilitated the successful closure of this transaction.