Ching Liang Chiang Acquires Mixed-Use Property On Austin Street In Queens For $3.85M

A mixed-use property located at 71-34 Austin Street in Queens, Forest Hills has been sold for a record-breaking price. The property, spanning 3,136 square feet, was purchased by Ching Liang Chiang from seller Adam Savell. The transaction was facilitated by brokers Stephen R. Preuss & Kevin Louie of @K_Louie_RE. The sale price for the property was $3,845,000, resulting in a price per square foot of $1,226, marking the highest PPSF sale on Austin Street to date.

Summary of transation details

• Property Type: Mixed-Use
• Transaction Amount: $3,845,000
• Square Footage: 3,136
• Address: 71-34 Austin Street
• Market: Queens, Forest Hills
• Seller: Adam Savell
• Buyer: Ching Liang Chiang
• Brokers: Stephen R. Preuss & Kevin Louie @K_Louie_RE

This sale represents a significant milestone for Austin Street, as it achieved the highest price per square foot in the area. The successful transaction was made possible by the expertise and negotiation skills of brokers Stephen R. Preuss and Kevin Louie, who ensured a mutually beneficial deal for both the buyer and seller.