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Modell Family Sells Main Street Retail Property In Flushing For $67M

39-12 & 39-18 Main Street
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This Retail property located in NY was sold for $67,000,000 over 2 years ago. The brokers of the deal were Josh Goldflam, Christen Portelli, and Charles Chang

The retail property located at 39-12 & 39-18 Main Street in Flushing has been sold for a price of $67,000,000. The property spans 27,000 square feet, resulting in a price per square foot of $2,481. The sale was completed on 10/20/2021.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $67,000,000
  • Address: 39-12 & 39-18 Main Street
  • Market: Flushing

The seller of the property was The Modell Family. The transaction was facilitated by broker Charles Chang from Highcap Group.

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  • Location
    39-12 Main Street, Leicester, NY 14481, USA39-12 Main Street, Leicester, NY 14481, USA
  • Sale Price
    $67,000,000$67,000,000
    $2,481 PPSF$2,481 PPSF
  • Area
    27,000 SF27,000 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Josh Goldflam

Josh Goldflam

Deals22
Sold$243.5M

Agency

Highcap Group

Highcap Group

Agency
Deals90
Volume$597.6M

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Deal Summary

SALE IMAGE: Josh Goldflam, Charles Chang & Christen Portelli DATE: 10/20/2021 ADDRESS: 39-12 & 39-18 Main Street MARKET: Flushing ASSET TYPE: Retail SELLER: The Modell Family (@Modells) 🏀 🏈 ⚽️ BROKER: Charles Chang (@CharlesChang_Highcap) - Highcap Group (@Highcap_Group) SALE PRICE: $67,000,000 SF: 27,000 ~ PPSF: $2,481

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39-12 & 39-18 Main Street

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