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Westhab Acquires Development Site In Rego Park, Queens For $13.2M

92-54 Queens Boulevard
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This Development Site property located in NY was sold for $13,200,000 over 1 year ago.

A $13,200,000 development site in Rego Park, Queens, located at 92-54 Queens Boulevard, has been sold. The sale took place on 08/03/2022 and the buyer was Westhab represented by Richard Nightingale. The seller of the property was Slate Property Group. The development site has a buildable square footage of 42,277 and a price per buildable square foot of $311.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $13,200,000
  • Address: 92-54 Queens Boulevard
  • Market: Rego Park, Queens
  • Buyer: Westhab - Richard Nightingale
  • Seller: Slate Property Group
  • Buildable Square Footage: 42,277
  • Price Per Buildable Square Foot: $311

Richard Nightingale, representing Westhab, facilitated the transaction as the buyer's representative. This deal highlights the strong demand for development sites in Rego Park, Queens, and the potential for future growth in the area.

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Deals
  • Location
    92-54 Queens Boulevard, Queens, New York 11375, United States92-54 Queens Boulevard, Queens, New York 11375, United States
  • Sale Price
    $13,200,000$13,200,000
    $312 PPSF$312 PPSF
  • Area
    42,277 SF42,277 SF
  • Asset Type
    Development SiteDevelopment Site

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Deal Summary

SALE IMAGE: Richard Nightingale DATE: 08/03/2022 ADDRESS: 92-54 Queens Boulevard MARKET: Rego Park, Queens ASSET TYPE: Development Site BUYER: Westhab - Richard Nightingale SELLER: Slate Property Group (@SlatePropertyGroup) SALE PRICE: $13,200,000 BSF: 42,277 ~ PPBSF: $311

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