Fazlur Khan Acquires Queens Retail Property For $16M
SOLD
+ 1
New York
See Similar DealsRetail100,010 SF
Sold 03/29/2018
SOLD
Fazlur Khan Acquires Queens Retail Property For $16M
37-12 74th Street, Flushing, NY 11372, USA
See Similar DealsRetail100,010 SF
Sold 03/29/2018
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:100,010 SF
Transaction Type:Sale
The retail property located at 74-12 – 74-34 37th Avenue in New York, Queens, was recently sold for a price of $16,000,000. The property spans across 10,001 square feet, resulting in a price per square foot of $1,600. It consists of 5 units and is situated in a bustling market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $16,000,000
- Square Footage: 10,001
- Price Per Square Foot: $1,600
- Number of Units: 5
- Seller: Yee Dun – 37 Yee's Family Limit
- Buyer: Fazlur Khan fazlurkhan
The deal was facilitated by Scott Plasky and Dana Newton from Marcus & Millichap, who served as the brokers for the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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