Gil Zaburov Purchases Retail Asset From The Rodger Family For $12.5M In Kew Gardens Hills

The property asset involved in the transaction is located at 71-24 Main Street in Kew Gardens Hills. This retail asset was sold for a price of $12,500,000 and comprises a total square footage of 30,000, resulting in a price per square foot of $416.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,500,000
• Buyer: Gil Zaburov
• Seller: The Rodger Family
• Broker: Ben Normatov - Alpha Realty

Gil Zaburov acquired the property with the assistance of broker Ben Normatov from Alpha Realty, representing the buyer in the deal. The transaction was noted for its significance to the community, with a message expressing congratulations to the Zaburov Family on their acquisition and a vision of giving back.