- Location
38-42 12th Street, Long Island City, NY, USA - Sold Value $32,500,000 $102
- Asset Type Development Site
- Area
319,200 SF - Parties 2 Brokers,1 Agency
38-42 12th Street, Long Island City, NY, USA
$32,500,000
Development Site
319,200 SF
Marcus & Millichap
Agency
Comparables: 38-42 12th Street
Showing 4 of 17
$32,000,000
- StatusSOLD, $219 PPSF
- Date06/16/22
- AssetDEVELOPMENT SITE
$33,100,000
- StatusSOLD, $202 PPSF
- Date03/02/22
- AssetDEVELOPMENT SITE
$33,601,603
- StatusSOLD, $187 PPSF
- Date03/16/22
- AssetDEVELOPMENT SITE
$35,000,000
- StatusSOLD, $115 PPSF
- Date01/13/22
- AssetDEVELOPMENT SITE
Suggest Edits
This Deal on Social
SALE
IMAGE: Jakub Nowak & Jonathan Eshaghian
DATE: 03/09/2020
ADDRESS: 38-42 12th Street
MARKET: Long Island City
ASSET TYPE: Development Site
SELLER: United Hoisting Company Inc – Richard Halloran & Joe Covello
BUYER: JNY Capital – Moshe Pinsky
BROKERS: Jakub Nowak & Jonathan Eshaghian – Marcus & Millichap @The_Nowak_Group
SALE PRICE: $32,500,000
BSF: 319,200 ~ PPBSF: $101
NOTE: This is a JV – United Hoisting being the Land Owners and JNY Capital are teaming up to bring a commercial project to Long Island City. “This 400K BSF development will feature a mix of commercial, entertainment and community uses and will be transformative for the LIC area.” Jakub Nowak
Text Content:
SALE
IMAGE: Jakub Nowak & Jonathan Eshaghian
DATE: 03/09/2020
ADDRESS: 38-42 12th Street
MARKET: Long Island City
ASSET TYPE: Development Site
SELLER: United Hoisting Company Inc – Richard Halloran & Joe Covello
BUYER: JNY Capital – Moshe Pinsky
BROKERS: Jakub Nowak & Jonathan Eshaghian – Marcus & Millichap @The_Nowak_Group
SALE PRICE: $32,500,000
BSF: 319,200 ~ PPBSF: $101
NOTE: This is a JV – United Hoisting being the Land Owners and JNY Capital are teaming up to bring a commercial project to Long Island City. “This 400K BSF development will feature a mix of commercial, entertainment and community uses and will be transformative for the LIC area.” Jakub Nowak