The Reel

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A blog for breaking sales and neighborhood real estate news.

A three-story mixed-use building at 89-20 Northern Boulevard, located on the southwest corner of Northern Boulevard and 90th Street, was sold in an all cash transaction valued at $1,190,000.

The 4,920 square foot building sits on a 20’ x 100’ footprint. The building features four retail shops and four apartments. There are two (2) three-bedroom apartments and two (2) two-bedroom apartments. Most tenants are paying below market rents with no leases. The sales price represented $242 per square foot.

Neighborhoods: Jackson Heights