Quantcast

Selling Point: Retail property in Jackson Heights fetches $16.4 million and more sales

Photos courtesy of Scott Bintner/ PropertyShark

A couple of buildings located on the Jackson Heights commercial strip and an apartment building with nearly 50 units in Flushing are some of this week’s big transactions in the borough, based on city records.

Address: 37-46/48 82nd St./37-50 82nd St.
Price: $16,425,000

A group of investors bought these adjoining commercial properties at 37-46 through 37-50 82nd St. for $16.7 million. Clark Stores Inc., a firm based in Manhattan, is the seller. Jackson Heights Retail LLC, one of the buyers, now has a majority stake in the buildings, according to property records filed on Thursday. The larger two-story building at 37-46 82nd St. was once home to a women’s apparel store called Clark’s and later a KB Toys before the company went out of business. Combined, the buildings, which have two floors each, have more than 12,400 square feet of space. The property is part of the Jackson Heights Historic District.

Address: 41-40 Parsons Blvd.
Price: $10,750,000

This corner property is a six-story multi-family rental apartment building in Flushing with 48 units. There is a mix of studios and one- and two-bedroom apartments in the building. There is more than 44,000 square feet of living space in the structure, which is a few blocks from Main Street. Wai Realty Corp. bought the property for $10.7 million from Bronx-based Bright & Sunny Corp., according to city records filed on Friday.

Address: 48-05 Metropolitan Ave. 
Price: $7,000,000

WM Capital Partners XXV LLC bought this old manufacturing-zoned building in Ridgewood for $7 million, according to records filed on Feb. 17. The building has nearly 141,000 square feet of space.

RECOMMENDED STORIES

More from Around New York