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Kenneth Lien Acquires Retail Property In Long Island City, Queens For $2.45M

47-28 11th Street
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This Retail property located in NY was sold for $2,450,000 over 4 years ago. The brokers of the deal were Scott Plasky and William "Billy" Stephan

The retail property located at 47-28 11th Street in Long Island City, Queens, has been sold for a price of $2,450,000. The asset spans a total area of 3,672 square feet, resulting in a price per square foot of $667.21.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,450,000
  • Square Footage: 3,672
  • Price per Square Foot: $667.21
  • Address: 47-28 11th Street, Long Island City, Queens

The buyer of the property is Kenneth Lien, while the seller is Alex Kostovetsky. The transaction was facilitated by the brokers Scott Plasky and Billy Stephan.

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Deals
  • Location
    47-28 11th St, Long Island City, NY 11101, USA47-28 11th St, Long Island City, NY 11101, USA
  • Sale Price
    $2,450,000$2,450,000
    $66 PPSF$66 PPSF
  • Area
    36,720 SF36,720 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

William "Billy" Stephan

William "Billy" Stephan

Deals24
Sold$186.2M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Deal Summary

IMAGE: Scott Plasky @splasky1 & Billy Stephan @billystephan_mm DATE: 12/10/2019 ADDRESS: 47-28 11th Street MARKET: Long Island City, Queens ASSET TYPE: Retail PRICE: $2,450,000 SF: 3,672 PPSF: $667.21 BUYER: Kenneth Lien SELLER: Alex Kostovetsky BROKERS: Scott Plasky, Billy Stephan

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47-28 11th Street

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