Now the third quarter of the year has closed, numbers can be calculated. As it seems, the Queens condo market has slowed down a little bit. The number of approved residential units has dropped from 261 to 216. Nevertheless, this number still shows growth from
Taking into account the last 12 month period that ended last September, Long Island City added 1,750 new rental apartments to its numbers. As far as current new developments, sales are concentrated in Prospect Heights and Gramercy. As far as townhouse sales goes, eleven townhouses
Chetan and Manisha Holdings LLC purchased 5801 28th Avenue in Woodside, Queens. This is a 1E1 building. The seller was Aryeh Realty LLC. The transaction cost $4,350,000. The trade occurred October 25th 2017.
TRADED: KNY Property LLC buys 15419 Northern Boulevard from Bridgestone Retail Operations LLC for $6.2 million
KNY 154 Property LLC purchased 15419 Northern Boulevard, in Flushing North, Queens. This is a 1G2 building. The seller was Bridgestone Retail Opertions LLC. The transaction cost $6,200,000. The trade occurred October 25th 2017.
64 Avenue LLC purchased 9725 64th Avenue, in Rego Park, Queens. This is a 6D7 building. The seller was Oregon Realty Company and others. The transaction cost $31,500,000. The trade occurred October 24th 2017.