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Shabbir Ahmed Acquires Mixed-Use Property In Jamaica, Queens For $1.18M

167-16 Hillside Avenue
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This Mixed-use property located in NY was sold for $1,180,000 almost 3 years ago. The brokers of the deal were Scott Plasky and William "Billy" Stephan

The mixed-use property located at 167-16 Hillside Ave. in Jamaica, Queens has been sold in a recent transaction. The property is situated in a prime location with a zoning designation of R7X, C2-4. It consists of 2,024 square feet and has a total of 2 units. The sale price for this property was $1,180,000, resulting in a price per square foot (PPSF) of $583. The buyer of the property was Shabbir Ahmed, while Antonios Kilaras acted as the seller.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,180,000
  • Address: 167-16 Hillside Ave., Jamaica, Queens
  • Market: Queens, New York
  • Zoning: R7X, C2-4

Scott Plasky and Billy Stephan from Marcus & Millichap represented both parties in this deal as the brokers. Billy Stephan also shared an image of the property on Instagram.

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Deals
  • Location
    167-16 Hillside Avenue, Jamaica, NY, USA167-16 Hillside Avenue, Jamaica, NY, USA
  • Sale Price
    $1,180,000$1,180,000
    $583 PPSF$583 PPSF
  • Area
    2,024 SF2,024 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

William "Billy" Stephan

William "Billy" Stephan

Deals24
Sold$186.2M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

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Deal Summary

SALE IMAGE: Scott Plasky & Billy Stephan DATE: 04/20/2021 ADDRESS: 167-16 Hillside Ave. MARKET: Jamaica, Queens ASSET TYPE: Mixed-use ~ ZONING: R7X, C2-4 BUYER: Shabbir Ahmed SELLER: Antonios Kilaras BROKERS: Scott Plasky & Billy Stephan @BillyStephan_MM @MarcusMillichap_NY SALE PRICE: $1,180,000 BSF: 11,000 ~ PPBSF: $107 SF: 2,024 ~ PPSF: $583 UNITS: 2 ~ PPU: $590,000

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167-16 Hillside Avenue

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