Fuo Gei Acquires Woodside Development Site For $5.9M | 70-20 Queens Boulevard & 46-07 70th Street | Kevin Schmitz, Kevin Louie, Andreas Efthymiou, Stephen R. Preuss Sr. | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

59,750 sqft

The development site located at 70-20 Queens Boulevard & 46-07 70th Street in Woodside has been sold for $5,900,000. The transaction took place on 06/08/2022 and was facilitated by Ripco Real Estate. The property spans across 59,750 square feet, with a price per buildable square foot (PPBSF) of $98.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $5,900,000
Square Footage: 59,750
Price per Buildable Square Foot (PPBSF): $98
Market: Woodside

The buyer of the property is Fuo Gei, while the seller is The Estate of Gaspar Accardi. The deal was represented by Andreas Efthymiou, Stephen R. Preuss Sr., Kevin Louie, and Kevin Schmitz from Ripco Real Estate.

Players

All
5

Agents
4
Agencies
1

$597.2M Sold

$655.9M Sold

$695M Sold

Stephen R. Preuss Sr.

Vice Chairman

$1.3B Sold

Ripco

Details

Deal Summary

SOLD

IMAGE: Stephen R. Preuss Sr., Andreas Efthymiou, Kevin Louie & Kevin Schmitz DATE: 06/08/2022 ADDRESS: 70-20 Queens Boulevard & 46-07 70th Street MARKET: Woodside ASSET TYPE: Development Site BUYER: Fuo Gei SELLER: The Estate of Gaspar Accardi BROKERS: Andreas Efthymiou (@Andreas.E_Investment_Sales), Stephen R. Preuss Sr., Kevin Louie (@Kevin.Louie_Investment_Sales) & Kevin Schmitz (@Kevin.Schmitz_CRE) - Ripco Real Estate (@RipcoInvestmentSales) SALE PRICE: $5,900,000 BSF: 59,750 ~ PPBSF: $98

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Address70-20 Queens Boulevard & 46-07 70th Street

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