Simon Vays Acquires Development Site In Long Island City For $4.52M | 5007 & 5009 5th Street | Kegan Burgess, Jonathan Eshaghian, Jakub Nowak | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

15,000 sqft

A development site located at 5007 & 5009 5th St. in Long Island City has been sold for a total price of $4,520,000. The property spans 15,000 square feet and has a price per buildable square foot (PPBSF) of $301.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $4,520,000
Address: 5007 & 5009 5th St., Long Island City
Market: Long Island City
Buyer: Simon Vays
Seller: Carlos Washington Azeglio & Leonard Romano

The deal was facilitated by Jakub Nowak and Jonathan Eshaghian of The Nowak Group, Marcus & Millichap, and Kegan Burgess of Nest Seekers International.

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Players

All
5

Agents
3
Agencies
2

Kegan Burgess

Licensed Real Estate Salesperson

$11.8M Sold

Jonathan Eshaghian

Licensed Real Estate Salesperson

$82.7M Sold

Jakub Nowak

Licensed Associate Real Estate Broker

$352.8M Sold

Details

Deal Summary

SOLD

IMAGE: Jakub Nowak & Jonathan Eshaghian DATE: 02/24/2021 ADDRESS: 5007 & 5009 5th St. MARKET: Long Island City ASSET TYPE: Development Site BUYER: Simon Vays SELLER: Carlos Washington Azeglio & Leonard Romano BROKERS: Jakub Nowak @Jakub_H_Nowak & Jonathan Eshaghian @J_Eshag (The Nowak Group) @The_Nowak_Group - Marcus & Millichap @MarcusMillichap_NY; @Kegan_Burgess - Nest Seekers International SALE PRICE: $4,520,000 BSF: 15,000 ~ PPBSF: $301

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Address5007 & 5009 5th Street

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