Joseph Kalimian Purchases Retail Properties In Sunnyside Queens From Russell Abramson For $5M

Two retail properties located at 43-01 Greenpoint Avenue and 162-02 Northern Boulevard in the Sunnyside market of Queens were sold in a recent transaction. The total sale price for these properties was $5 million. The Sunnyside location was sold for $2.5 million, equating to $408 per built square foot, whereas the second property in Murray Hill also fetched $2.5 million, translating to $563 per built square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Buyer: Joseph Kalimian
• Seller: Russell Abramson
• Address: 43-01 Greenpoint Avenue & 162-02 Northern Boulevard
• Date of Sale: 08/11/2025
• Market: Sunnyside, Queens

Joseph Kalimian completed the purchase representing his acquisition of both retail sites from Russell Abramson. The transaction highlights the activity in the retail sector within the Queens market.