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David Chiang Acquires Mixed-Use Property In Forest Hill, Queens For $2.2M

72-02 Austin Street
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This Mixed-use property located in NY was sold for $2,225,000 almost 3 years ago. The brokers of the deal were Stephen R. Preuss Sr. and Rani Bendary

A mixed-use property located at 72-02 Austin Street in Forest Hill, Queens was recently sold for $2,225,000. The property spans across 2,800 square feet and was sold at a price of $794 per square foot. The sale took place on 05/06/2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,225,000
  • SF: 2,800
  • PPSF: $794
  • Address: 72-02 Austin Street, Forest Hill, Queens
  • Market: Forest Hill, Queens

The buyer of the property was David Chiang and the seller was Lewis Stockman. The deal was facilitated by brokers Stephen R. Preuss and Rani Bendary from Cushman & Wakefield, represented by Team Preuss.

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  • Location
    Austin Street, Forest Hills, NY, USAAustin Street, Forest Hills, NY, USA
  • Sale Price
    $2,225,000$2,225,000
    $794 PPSF$794 PPSF
  • Area
    2,800 SF2,800 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Rani Bendary

Rani Bendary

Deals7
Financed$16.3M

Stephen R. Preuss Sr.

Stephen R. Preuss Sr.

Deals179
Financed$1.3B

Agencies

Ripco

Ripco

Agency
Deals629
Volume$4.2B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4188
Volume$167B

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Deal Summary

SALE IMAGE: Stephen R. Preuss & Rani Bendary DATE: 05/06/2021 ADDRESS: 72-02 Austin Street MARKET: Forest Hill, Queens ASSET TYPE: Mixed-use BUYER: David Chiang SELLER: Lewis Stockman BROKERS: Stephen R. Preuss & Rani Bendary @TeamPreuss - Cushman & Wakefield (@CushWake) SALE PRICE: $2,225,000 SF: 2,800 ~ PPSF: $794

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72-02 Austin Street

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