Ravinder Chopra Acquires Explore Hotel & Hostel In Flushing, Queens For $6.55M
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This Hotel property located in NY was sold for $6,550,000 over 4 years ago. The brokers of the deal were Stephen R. Preuss Sr. and Kevin Louie
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- Location33-53 Farrington Street, Flushing, NY, USA
- Sale Price$6,550,000$662 PPSF
- Area9,887 SF
- Asset TypeHotel
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: Kevin Louie and Stephen R. Preuss
DATE: 09/10/2019
ADDRESS: 33-53 Farrington Street
NAME: Explore Hotel & Hostel
MARKET: Flushing, Queens
ASSET TYPE: Hotel
SELLER: Vic Peng
BUYER: Ravinder Chopra
BROKERS: Stephen R. Preuss & Kevin Louie @teampreuss
SALE PRICE: $6,550,000
ROOMS: 26 ~ PPR: $252K
PPSF: $662 ~ SF: 9,887
NOTE: Delivered vacant & in As-Is condition.
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33-53 Farrington Street
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