12/02/08
Deal
953 Cypress Ave (Queens)
Address
953 Cypress Ave (Queens)
Tenant
Ridgewood Realty
Representative
Dmitri Gourianov, Kalmon Dolgin Affiliates
Landlord
The Costarelli family
Landlord Representative
Dmitri Gourianov, Kalmon Dolgin Affiliates
Notes
The shopping center sold for $1.85 million, or $132 per square foot. The property has 12,500 square feet of retail space on the first floor and 1,500 square feet of office space on the second floor. The buyer leased the space as a warehouse in 2005 with an option to buy, and redeveloped the property into a retail complex. The site has an additional 11,000 square feet of air rights for future development.
Category:
Commercial
Posted at:
10/06/2008
Price:
$1.85M
Size:
A d v e r t i s e m e n t s
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