Kenneth Lien Acquires Retail Property In Long Island City, Queens For $2.45M

The retail property located at 47-28 11th Street in Long Island City, Queens, has been sold for a price of $2,450,000. The asset spans a total area of 3,672 square feet, resulting in a price per square foot of $667.21.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,450,000
• Square Footage: 3,672
• Price per Square Foot: $667.21
• Address: 47-28 11th Street, Long Island City, Queens

The buyer of the property is Kenneth Lien, while the seller is Alex Kostovetsky. The transaction was facilitated by the brokers Scott Plasky and Billy Stephan.