Queens Real Estate News

The Queens NY Real Estate Market Continues to boom

Below is a list of the top 10 biggest real estate sales deals in Queens, New York during the First quarter of 2018:

1.     29-21 41st Ave, Long Island City, NY 11101

Purchase Price: $60 Million
Sale of 183 room hotel located in Long Island City.

2.     55-15 Grand Ave, Flushing, NY 11378

Purchase Price: $55.3 Million, (approximately)

Sale of a development site in Maspeth.

3.     163-05 Archer Ave, Jamaica, NY 11433

Purchase Price: $55 Million
Sale of  mixed use / industrial sight in Jamaica.

4.     25-11 49th Ave, Long Island City, NY 11101

Purchase Price: $39.4 million (approximately)
Sale of development site located in Long Island City.

5.     38-21 12th St, Astoria, NY 11101

Purchase Price:  25.5 Million
Sale of a 1 story industrial building located in Astoria.

6.     260-19 Nassau Blvd, Flushing, NY 11362

Purchase Price: $25.3 million (approximately)
Sale of a 4 story building located in Little Neck.

7.     26-10 Brooklyn Queens Expy Woodside, NY 11377

Purchase Price $25.2 million
Sale of Warehouse  property in Woodside.

8.     130-02 S Conduit Ave., Jamaica, NY 11430

Purchase Price: $24.9 million ( approximately)
Sale of a land development site  in  Jamaica.

9.     45-57 Davis St. Long Island City, NY 11101

Purchase Price: $24.8 million
Sale of development site  in Long Island City.

10.   141-57 Northern Blvd., Flushing, NY 11354

Purchase Price: $23 million.
Sale of one story building with  retail space  in Flushing.  Future development planned.

Source:  Realdeal.com article published on April 30, 2018 by Eddie Small.

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https://therealdeal.com/2018/04/30/these-were-the-biggest-q1-deals-in-queens/