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Sang K. Oh Acquires Dev Site On Queens Boulevard In New York For $9.9M

43-10/24 Queens Boulevard
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This Development Site property located in NY was sold almost 6 years ago. The brokers of the deal were Sean Rucker, Eugene Kim, Will Suarez, Thomas (Tom) Donovan, and Maurice Suede

A development site located at 43-10/24 Queens Boulevard in New York has been sold for $9,900,000. The property spans 8,521 square feet and has a price per square foot of $1,161 or $226 per buildable square foot. The asset, situated in Queens, offers potential for future development with a total of 8 units. The transaction took place on 05/07/2018.

Summary of transaction details:

  • Property Type: Dev Site
  • Transaction Amount: $9,900,000
  • Address: 43-10/24 Queens Boulevard, New York
  • City: New York
  • Market: Queens
  • Square Footage: 8,521 sf
  • Price per Square Foot: $1,161 or $226/PPBSF
  • Number of Units: 8
  • Date: 05/07/2018

The seller of the property was Henry Zheng, while the buyer was Sang K. Oh. The deal was facilitated by a team of brokers comprising Will Suarez, Thomas Donovan, Maurice Suede, Eugene Kim, and Sean Rucker from the Donovan Team. The transaction involved prime retail space with future potential for a 43,700 square foot development site.

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Deal Summary

SALE IMAGE: Maurice Suede, Will Suarez and Thomas Donovan DATE: 05/07/2018 ADDRESS: 43-10/24 Queens Boulevard CITY: New York MARKET: Queens ASSET TYPE: Dev Site PRICE: $9,900,000 SF: 8,521 sf PSF: $1,161 or $226/PPBSF UNITS: 8 SELLER: Henry Zheng BUYER: Sang K. Oh BROKERS: Will Suarez, Thomas Donovan, Maurice Suede, Eugene Kim and Sean Rucker @donovanteam.nyc NOTE: Prime retail with future potential for 43,700 SF development site.

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43-10/24 Queens Boulevard

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