The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

An apartment building at 84-02 143rd Street, located on the southwest corner of 143rd Street and 84th Drive in the Briarwood neighborhood of Queens, was sold in an all-cash transaction valued at $2,950,000.
The six-story, elevator building contains approximately 14,763 square feet and sits on an irregular lot.  It consists of 15 one-bedroom units. Each unit has its own gas and electric meter and washer and dryer, and 12 of the units have private balconies.  The property also includes seven parking spaces.  The sale price equates to approximately $200 per square foot.

“This property was sold as a rental building with the future upside of converting the apartments into condos,” said Massey Knakal Director of Sales Brian Sarath, who exclusively handled this transaction with Partner Thomas A. Donovan.

Click here for press release

Neighborhoods: Briarwood