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39-53 57th Street
SOLD

United Construction And Development Acquires Development Site In Woodside, Queens For $5.5M

39-53 57th Street

Development Site
27,000 SF
Kevin Schmitz
Andreas Efthymiou
Stephen R. Preuss Sr.
the dealplayerscompscontact

Summary

Sale
NEW YORK
Development Site
27,000 sqft

A development site located at 39-53 57th Street in Woodside, Queens, has been sold for $5,500,000. The property, with a lot size of 100 ft x 200 ft (20,000 SF), is a development site with a zoning designation of R5B. The transaction took place on March 10, 2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $5,500,000
  • Address: 39-53 57th Street
  • Market: Woodside, Queens
  • Lot Size: 100 ft x 200 ft (20,000 SF)
  • Zoning: R5B

The buyer in this transaction is Chris Xu, representing United Construction and Development. The deal was facilitated by the brokers Stephen R. Preuss, Kevin Schmitz, and Andreas Efthymiou from Cushman & Wakefield, who represented the buyer.

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Players

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    4

  • Agents

    3

  • Agencies

    1

Kevin Schmitz's profile picture
Kevin Schmitz
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Managing Director
$597.2M Sold

Details

Deal Summary
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SOLD
IMAGE: Stephen R. Preuss, Kevin Schmitz & Andreas Efthymiou DATE: 03/10/2021 ADDRESS: 39-53 57th Street MARKET: Woodside, Queens ASSET TYPE: Development Site ~ ZONING: R5B BUYER: Chris Xu – United Construction and Development BROKERS: Stephen R. Preuss, Kevin Schmitz, Andreas Efthymiou @TeamPreuss - Cushman & Wakefield SALE PRICE: $5,500,000 BSF: 27,000 ~ PPBSF: $204 LOT SIZE: 100 ft x 200 ft (20,000 SF)

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Address39-53 57th Street

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