Nilesh Bubna Acquires Commercial Property In Rochdale, Queens For $11.3M

The commercial property located at 152-01 Rockaway Boulevard in Rochdale, Queens has been sold in a recent transaction. The property is zoned as R3-1, C2-2, allowing for a variety of commercial uses. The sale took place on June 29, 2022, with the buyer identified as Nilesh Bubna and the seller as John Leondis.

Summary of transaction details

• Property Type: Commercial
• Sale Price: $11,317,408
• Building Square Footage: 28,992
• Price per Square Foot: $390
• Land Lot Size: 19,200
• Tax Class: 4

The property offers a building square footage of 28,992, which results in a price per square foot of $390. The lot size encompasses 19,200 square feet. The transaction took place at a sale price of $11,317,408, indicating a per-building square footage price of $390. The property is zoned as R3-1, C2-2, allowing for various commercial uses.

Notable details related to the property include its zoning as R3-1, C2-2, indicating its suitability for commercial activities. The property also holds a tax class of 4, further solidifying its classification as a commercial asset.