Douglas Eisenberg, Aaron Jungreis, Azi Mandel, And Adam Mermelstein Acquire Multi-Family Properties In Queens And Elmhurst For $118.5M

The multi-family properties located at 41-40 Denman Street in Elmhurst and 132-25 Maple Avenue, 132-48 41st Road, 132-45 Maple Avenue, 132-57 Sanford Avenue, and 132-61 Sanford Avenue in Flushing, New York, have been sold for a total price of $118,500,000. The properties span approximately 375,000 square feet in total.

Summary of transaction details

• Property Type: Multi-Family
• Transaction Amount: $118,500,000
• Address: 41-40 Denman Street, Elmhurst, and 132-25 Maple Avenue, 132-48 41st Road, 132-45 Maple Avenue, 132-57 Sanford Avenue, and 132-61 Sanford Avenue, Flushing, New York
• Market: Queens and Elmhurst

The deal was facilitated by Douglas Eisenberg, Aaron Jungreis, Azi Mandel, and Adam Mermelstein. They represented the parties involved in this transaction.