Ankit Mehta Acquires Retail Building In Woodside, Queens For $6.5M

Ankit Mehta, operating through Broadwood Realty LLC, completed the acquisition of a retail building located at 63-12 Broadway in Woodside, Queens. The property, known as K1, was purchased from the Estate of Fazlur Khan's entity, 30-44 32nd Street LLC, for a total sale price of $6.5 million. The building has a total square footage of 7,750, with a price per square foot of $839.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $6,500,000
• Address: 63-12 Broadway, Woodside, Queens
• Market: Woodside, Queens
• Buyer: Ankit Mehta
• Seller: Estate of Fazlur Khan
• BSF: 13,852
• PPBSF: $469

Ankit Mehta, operating through Broadwood Realty LLC, successfully acquired the retail building (K1) at 63-12 Broadway in Woodside, Queens. This acquisition was completed from the Estate of Fazlur Khan's entity, 30-44 32nd Street LLC, for a purchase price of $6.5 million.