Forest Hills portfolio
Address
Forest Hills portfolio
Square-Feet
0
Tenant
Manhattan investor
Representative
Michael Kerwin, GFI Realty
Landlord
Queens investor
Landlord Representative
Michael Kerwin, GFI Realty
Notes
The commercial package of 69-37 to 69-39 Austin Street and 107-16 71st Avenue sold for $33.16 million, or $788 per square foot. The price represents a capitalization rate of 5.7 percent. The properties were purchased as part of a 1031 exchange, with the transaction closing in just two months.
Category:
Commercial
Posted at:
12/14/2007
Price:
$33.0M
Size: