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86-55 Queens Boulevard
SOLD

Chris Xu Acquires Dev. Site In Elmhurst From Dimitrios Kaloidis For $14.3M

86-55 Queens Boulevard

Development Site
52,371 SF
clock iconSold 1 year ago
Stephen Palmese
Michael Mazzara
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Summary

Sale
NEW YORK
Development Site
52,371 sqft

A development site located at 86-55 Queens Blvd in Elmhurst, New York has been sold for a price of $14,300,000. The property is currently a one-story commercial building with a total square footage of 52,371. The buyer of the property is Chris Xu from United Construction and Development Group. Dimitrios Kaloidis is the seller of the property.

Summary of transaction details

  • Property Type: Development Site (Currently one story commercial)
  • Transaction Amount: $14,300,000
  • Address: 86-55 Queens Blvd
  • City: New York
  • Market: Elmhurst
  • Potential Buildable Square Feet (BSF): 52,371 sf
  • Price per Buildable Square Foot (PPBSF): $273

Michael Mazzara and Stephen Palmese from Cushman and Wakefield served as the brokers in this transaction.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

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Stephen Palmese
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Vice Chairman
$2.4B Sold

Details

Deal Summary
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SOLD
IMAGE: Dimitrios Kaloidis, Stephen Palmese, Michael Mazzara and Chris Xu ADDRESS: 86-55 Queens Blvd CITY: New York MARKET: Elmhurst ASSET TYPE: Dev. Site (Currently one story commercial) PRICE: $14,300,000 BSF: 52,371 sf PPBSF: $273 SELLER: Dimitrios Kaloidis BUYER: Chris Xu (United Construction and Development Group) BROKER: Michael Mazzara and Stephen Palmese of Cushman and Wakefield […]

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Address86-55 Queens Boulevard

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