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131-01 39th Avenue

The Development Site property located in New York that spans 663,678 square feet sold for $103,000,000 or $155 PPSF. The deal closed 5 months and 21 days ago. The brokers of the deal were Stephen Palmese, Michael Mazzara, Winfield Clifford, Robert (Bob) Knakal, Jonathan (Jon) Hageman, Ethan Stanton and Brendan Maddigan

  • Location image 131-01 39th Avenue, Queens, New York 11354, United States
  • Sold Value
    image $103,000,000
    image $155
  • Asset Type image Development Site
  • Area image 663,678 SF
  • Parties image7 Brokers,2 Agencies
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Stephen Palmese

JLL
  • Deals 47
  • Volume $1,826,000,000
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Michael Mazzara

JLL
  • Deals 31
  • Volume $1,000,000,000
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Winfield Clifford

JLL
  • Deals 32
  • Volume $1,010,000,000
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Robert (Bob) Knakal icon

JLL
  • Deals 41
  • Volume $1,990,000,000
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Jonathan (Jon) Hageman icon

JLL
  • Deals 29
  • Volume $1,310,000,000
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Ethan Stanton

The Corcoran Group
  • Deals 35
  • Volume $1,377,700,000
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Brendan Maddigan icon

JLL
  • Deals 63
  • Volume $2,210,000,000
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JLL

Agency
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Comparables: 131-01 39th Avenue

Showing 4 of 8

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Price Icon 100,000,000

  • StatusSOLD
  • Date09/16/22
  • Address259 Clinton Street, New York City, New York 10002, United States
  • Address259 Clinton...
  • AssetDEVELOPMENT SITE
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Price Icon $90,882,000

  • StatusSOLD, $476 PPSF
  • Date05/16/22
  • Address2359 Bedford Avenue, Brooklyn, New York 11226, United States
  • Address2359 Bedford...
  • AssetDEVELOPMENT SITE
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Price Icon $102,000,000

  • StatusSOLD, $202 PPSF
  • Date12/30/21
  • Address300 Nevins Street, Brooklyn, NY 11215
  • Address300 Nevins...
  • AssetDEVELOPMENT SITE
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Price Icon $100,000,000

  • StatusSOLD, $337 PPSF
  • Date11/19/21
  • Address265 South Street, Manhattan, New York, NY, USA
  • Address265 South...
  • AssetDEVELOPMENT SITE
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This Deal on Social

SALE
IMAGE: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Chris Xu, Michael Mazzara, Bob Knakal & Jonathan Hageman
DATE: 04/18/2022
ADDRESS: 131-01 39th Ave.
MARKET: Flushing, Queens
ASSET TYPE: Development Site

BUYER: Chris Xu
SELLER: Young Nian Group
BROKERS: Brendan Maddigan (@BrendanMaddigan), Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Bob Knakal & Jonathan Hageman – JLL (@JLL)

SALE PRICE: $103,000,000
BSF: 663,678 ~ PPBSF: $155

Text Content: img

SALE
IMAGE: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Winfield Clifford, Chris Xu, Michael Mazzara, Bob Knakal & Jonathan Hageman
DATE: 04/18/2022
ADDRESS: 131-01 39th Ave.
MARKET: Flushing, Queens
ASSET TYPE: Development Site

BUYER: Chris Xu
SELLER: Young Nian Group
BROKERS: Brendan Maddigan (@BrendanMaddigan), Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Bob Knakal & Jonathan Hageman – JLL (@JLL)

SALE PRICE: $103,000,000
BSF: 663,678 ~ PPBSF: $155

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Contact Stephen Palmese

Stephen Palmese is Vice Chairman at JLL, where he focuses on investment sales in Brooklyn and Queens. He is a...

Michael is a Managing Director at JLL, where he focuses on investment sales in Brooklyn and Queens. To date, Michael...

Winfield Clifford is Managing Director at JLL, where he focuses on investment sales in Brooklyn and Queens. He has successfully...

As Chairman, NY Investment Sales with JLL Capital Markets, Bob co-leads the investment sales division in New York City. Bob...

Jonathan Hageman comes to JLL with over 16 years of experience in the NYC investment sales market. At JLL, Jon...

"Ethan Stanton serves as a Managing Director at JLL. He focuses on investment sales throughout New York City. Mr. Stanton...

"Brendan Maddigan is Vice Chairman at JLL, were he focuses on investment sales in Brooklyn and Queens. Mr. Maddigan has...

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