Brent Iloulian Acquires Retail Property On Greenpoint Avenue In Sunnyside, Queens For $5.35M

An M1-1 zoned retail property located at 32-11 Greenpoint Avenue in Sunnyside, Queens, was recently sold for a total price of $5,350,000. The property has a total area of 1,720 square feet, resulting in a price per square foot of $3,110. The lot size is 2,500 square feet, with dimensions of 25 feet by 100 feet. The previous recorded sale for this property was on June 25, 2009, for a price of $600,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,350,000
• Price per Square Foot: $3,110
• Lot Size: 2,500 square feet
• Lot Dimensions: 25 ft x 100 ft

Brent Iloulian purchased the property from Joseph Lazo in this transaction. The deal was closed on 21st May 2021. The property's floor area ratio (FAR) is 0.68.