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Hooshang Nemat Acquires Development Site In Woodside, Queens For $1.85M

70-01 Queens Boulevard
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This Development Site property located in NY was sold for $1,850,000 about 4 years ago. The brokers of the deal were Stephen R. Preuss Sr., Rani Bendary, and Kevin Louie

A development site located at 70-01 Queens Blvd in Woodside, Queens, has been sold for a price of $1,850,000. The property has a building square footage (BSF) of 10,930 and a price per building square footage (PPBSF) of $170.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $1,850,000
  • BSF: 10,930
  • PPBSF: $170

The seller of the development site is Steven Li, while the buyer is Hooshang Nemat. The deal was facilitated by brokers Stephen R. Preuss, Kevin Louie, and Rani Bendary of TeamPreuss.

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Deals
  • Location
    70-01 Queens Blvd, Queens, NY 11377, USA70-01 Queens Blvd, Queens, NY 11377, USA
  • Sale Price
    $1,850,000$1,850,000
    $169 PPSF$169 PPSF
  • Area
    10,930 SF10,930 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Rani Bendary

Rani Bendary

Deals7
Financed$16.3M

Kevin Louie

Kevin Louie

Deals78
Sold$653.6M

Stephen R. Preuss Sr.

Stephen R. Preuss Sr.

Deals179
Financed$1.3B

Agencies

Ripco

Ripco

Agency
Deals629
Volume$4.2B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Deal Summary

IMAGE: Kevin Louie, Stephen R. Preuss & Rani Bendary DATE: 03/11/2020 ADDRESS: 70-01 Queens Blvd MARKET: Woodside, Queens ASSET TYPE: Development Site SALE PRICE: $1,850,000 BSF: 10,930 PPBSF: $170 SELLER: Steven Li BUYER: Hooshang Nemat BROKERS: Stephen R. Preuss, Kevin Louie & Rani Bendary @TeamPreuss

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70-01 Queens Boulevard

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