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
