John Tal Acquires Retail Property In Corona, Queens For $3.75M

The property involved in the transaction is a multi-unit retail building located at 5405 99th St, Queens, NY, 11368 in Corona. The sale price for this asset was $3,750,000.00, amounting to $500.47 per square foot. The deal was closed with the representation of Swain Weiner, who facilitated the transaction for both the buyer, John Tal, and the seller, A W Property Inc.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,750,000.00
• Address: 5405 99th St, Queens, NY, 11368
• Market: Corona
• Buyer: John Tal
• Seller: A W Property Inc.
• Buyer's Representative: Swain Weiner

Greiner Maltz Investment Properties announced the successful sale of 54-01 & 54-05 99th Street in Queens. This property spans across two tax lots and includes air rights. The transaction was smoothly orchestrated by Swain Weiner, making the deal a win-win situation for both the buyer, John Tal, and the seller, A W Property Inc.