SOLD
Menachem Mushiyev Acquires Queens Village Retail Property For $2.1M
21787-21795 Hempstead Avenue
Retail
13,376 SF
13,376 SF
Sold 55 days ago
Summary
Sale
NEW YORK
Retail
13,376 sqft
The retail property located at 21787-21795 Hempstead Avenue in Queens Village was successfully transacted in a sale. The property spanning 6,688 square feet was sold for $2,100,000, equating to a price per square foot of $314. The buyer, Menachem Mushiyev, acquired the property from the seller, Yehuda Cohen.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,100,000
- Address: 21787-21795 Hempstead Avenue
- Market: Queens Village
- Buyer: Menachem Mushiyev
- Seller: Yehuda Cohen
- Brokers: Stephen R. Preuss Sr., Kevin Schmitz, Andreas Efthymiou & Kevin Louie - Ripco
- SF: 6,688
- PPSF: $314
The sale of the property was facilitated by brokers Stephen R. Preuss Sr., Kevin Schmitz, Andreas Efthymiou, and Kevin Louie from Ripco. Notably, the property was transacted without a final certificate of occupancy and with an expiring ICIP abatement, adding a unique aspect to the deal.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Stephen R. Preuss Sr, Kevin Schmitz, Andreas Efthymiou & Kevin Louie
DATE: 03/07/2024
ADDRESS: 21787-21795 Hempstead Avenue
MARKET: Queens Village
ASSET TYPE: Retail
BUYER: Menachem Mushiyev
SELLER: Yehuda Cohen
BROKERS: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Kevin Schmitz (@Kevin.Schmitz_CRE), Andreas Efthymiou (@Andreas.E_Investment_Sales) & Kevin Louie (@Kevin.Loue_investment_Sales) - Ripco (@RipcoRealEstate)
SALE PRICE: $2,100,000
SF: 6,688 ~ PPSF: $314
NOTE FROM BROKER: The property was sold without a final certificate of occupancy and an expiring ICIP abatement.View on map
Loading...
Address21787-21795 Hempstead Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want