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Haimo Zhong Acquires Industrial Property In Jamaica For $4.6M

177-10 93 Avenue
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This Industrial property located in NY was sold for $4,600,000 over 2 years ago.

The industrial property located at 177-10 93 Avenue in Jamaica has been sold. The property is zoned as R5 and has an area of 6,390 square feet. It has a building square footage (BSF) of 7,988 and its price per BSF (PPBSF) is $575. The property has a total square footage (SF) of 4,984 and a price per SF (PPSF) of $922. The floor area ratio (FAR) is 0.78 and the tax class is 4. The lot size is 6,390 and the lot dimension is 55.5 feet x 85.83 feet. The last recorded sale of the property was on January 12, 2015, for a price of $2,550,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,600,000
  • Buyer: Haimo Zhong
  • Seller: Birinder Madan
  • Market: Jamaica

Haimo Zhong is the buyer of the property, and Birinder Madan is the seller. The transaction amount for the sale was $4,600,000. The property is located in the market of Jamaica.

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Deals
  • Location
    177-10 93 Ave, Queens, New York 11433, United States177-10 93 Ave, Queens, New York 11433, United States
  • Sale Price
    $4,600,000$4,600,000
    $923 PPSF$923 PPSF
  • Area
    4,984 SF4,984 SF
  • Asset Type
    IndustrialIndustrial

Deal Summary

SALE DATE: 10/12/2021 ADDRESS: 177-10 93 Avenue MARKET: Jamaica ASSET TYPE: Industrial ~ ZONING: R5 BUYER: Haimo Zhong SELLER: Birinder Madan PRICE: $4,600,000 BSF: 7,988 ~ PPBSF: $575 SF: 4,984 ~ PPSF: $922 FAR: 0.78 TAX CLASS: 4 LOT SIZE: 6,390 LAST SALE PRICE: $2,550,000 (1/12/2015) LOT DIMENSION: 55.5 ft x 85.83 ft

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