Ripco Sells Former CVS Site At 172-21 46th Avenue Flushing For $7.5M

The property asset involved in the transaction is located at 172-21 46th Avenue in Flushing. It is a retail asset that sold for $7,500,000 and encompasses a total square footage of 24,032. The property features an area of over 13,000 square feet across two levels and includes parking for 26 vehicles.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,500,000
• Address: 172-21 46th Avenue
• Market: Flushing
• Square Footage: 24,032
• Price Per Square Foot: $312
• Brokers: Greg Batista & Michelle Abramov - Ripco

The deal was facilitated by Ripco Real Estate, where brokers Greg Batista and Michelle Abramov represented the transaction. They played a key role in the sale of the former CVS site in Flushing.