Matilda Kiss Acquires Retail Strip In Laurelton, Queens For $9.65M

The retail strip located at 227-01-227-23 Merrick Blvd in Laurelton, Queens has been sold for $9,650,000. The property spans a total of 18,408 square feet, resulting in a price per square foot of $524. The transaction took place on December 21, 2018 and involved the seller RJ Capital Holdings, represented by Rudy Abramov, and the buyer Matilda Kiss of M. Kiss Management. The buyer was represented by Nir Mor and Daniel Rahmani of Capital Property Partners, while the seller was represented by Michelle Abramov of Asset CRG. The property boasts an entire blockfront with 200 feet of frontage on Merrick Blvd.

Summary of transation details

• Property Type: Retail Strip
• Transaction Amount: $9,650,000
• Address: 227-01-227-23 Merrick Blvd, Laurelton, Queens
• Square Footage: 18,408
• Price per Square Foot: $524
• Seller: RJ Capital Holdings - Rudy Abramov
• Buyer: Matilda Kiss - M. Kiss Management
• Buyer's Brokers: Nir Mor & Daniel Rahmani - Capital Property Partners
• Seller's Broker: Michelle Abramov - Asset CRG
• Note: Entire Blockfront with 200 Feet of frontage on Merrick Blvd