Richard Harris Acquires Retail Property In Rego Park, Queens For $13M

Located at 96-33 Queens Boulevard in Rego Park, Queens, this retail property was recently sold in a transaction on May 6, 2019. The asset, spanning 8,763 square feet, features a prime location in the Rego Park market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $13,000,000
• Square Footage: 8,763
• Price per Square Foot: $1,483
• Tenant: Paris Baguette
• Seller: Carlyle Management - Gerald Simon
• Buyer: Richard Harris
• Broker: Michael Kook - Marcus & Millichap

In this transaction, Carlyle Management, represented by Gerald Simon, sold the property to Richard Harris. The buyer was assisted by Michael Kook from Marcus & Millichap. The sale price for the property was $13,000,000, resulting in a price per square foot of $1,483.