94-01 Sutphin Boulevard, Queens | Development | $59,700,000

Home/Completed/Investment Sales/94-01 Sutphin Boulevard, Queens | Development | $59,700,000

94-01 Sutphin Boulevard, Queens | Development | $59,700,000

Details

Asset CRG Advisors (‘AssetCRG’) is pleased to announce the sale of 94-01 Sutphin Boulevard, Queens, NY 11435. The property, located in the Downtown Jamaica neighborhood, is one of the largest opportunity zoned developments in the country. The property sold for $59,700,000 and closed for $99 per buildable square foot. Yuriy Ustoyev & Sadya Liberow represented both the buyer & seller in this transaction. AssetCRG has successfully completed multiple deals with various landlords throughout New York and continues to bring value add to their clients. For investment opportunities, please feel free to reach out to yuriy@assetcrg.com or sadya@assetcrg.com.

  • Lot Size: 60,138 SF (425.33′ X 200.17′)
  • Buildable: 601,380 SF
  • Zoning: C6-4, DJ
  • F.A.R: 10
  • Year Built: 1948
  • Cross Streets: 94th Avenue & 95th Avenue
  • Nearby Retailers: Dunkin’ Donuts, Bank of America, Walgreens and more

Additional Information

Asset Type

Development

City

Queens

Neighborhood

Jamaica

Price

$59,700,000

Broker

Sadya Liberow, Yuriy Ustoyev

 

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    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com