Lee Family Acquires Retail Property In Oakland Gardens, Queens For $32M

The retail property located at 6101 Springfield Blvd. in Oakland Gardens, Queens has been sold in a recent transaction. The property spans a total of 33,390 square feet and was sold for a price of $32,000,000, resulting in a price per square foot of $958. The sale was completed on July 28, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $32,000,000
• Square Footage: 33,390
• Price per Square Foot: $958
• Address: 6101 Springfield Blvd.
• Market: Oakland Gardens, Queens

The buyer of the property is the Lee Family, while the seller is the Li Family. The buyer was represented by Robert Khodadadian, Daniel Shirazi, and Stephen Alcala from Skyline Properties.