The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 86-09 Northern Boulevard, located between 86th and 87th Streets in Jackson Heights, Queens, was sold in an all cash transaction valued at $925,000.

The three-story brick property is approximately 4,020 square feet and sits on a 20’ x 100’ lot.  The building consists of one retail unit on the ground floor and two three-bedroom apartments above.  The building is in excellent condition. The sale price equates to $230 per square foot.

“This property is in excellent condition with a strong lease for the restaurant,” said Massey Knakal Vice President of Sales Swain Weiner who exclusively handled this transaction.

Click here for press release

Neighborhoods: Jackson Heights