Mina Farah Acquires Retail Building In Jamaica, Queens From Yuval Jacob For $7.5M

The retail building located at 167-02 Hillside Avenue in Jamaica, Queens, was sold in a transaction between Mina Farah, operating through Frmf Hillside Avenue Family Limited Partnership, and Yuval Jacob's entity Y J Management LLC. The property was purchased for $7.5 million and spans a total of 8,800 square feet, amounting to a price per square foot of $852.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,500,000
• Address: 167-02 Hillside Avenue
• Market: Jamaica, Queens
• Buyer: Mina Farah
• Seller: Yuval Jacob
• BSF: 64,900
• PPBSF: $116
• SF: 8,800
• PPSF: $852

Mina Farah, through Frmf Hillside Avenue Family Limited Partnership, acquired the retail building from Yuval Jacob's Y J Management LLC for the noted amount. The deal signifies a significant transaction within the Jamaica, Queens market, showcasing the active involvement of these key individuals in the real estate sector.