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Case StudySaleDevelopment Assemblage

Block-Wide Assemblage to 216,000 SF Development

5102-5124 Roosevelt Avenue · Woodside, Queens

Block-Wide Assemblage to 216,000 SF Development

Transaction Summary

Represented both buyer and seller in this residential development site. Subsequently sold the buyer every site on the block to create an assemblage that was later parceled, developed, and resold.

Deal Highlights

Initial acquisition led to full block assemblage
Represented both sides of the transaction
Facilitated subsequent site-by-site acquisitions
Final development potential: ~216,000 SF residential

Sale Price

$15M
LocationWoodside, Queens
Full Address5102-5124 Roosevelt Avenue
Transaction TypeClosed Sale
Property TypeDevelopment Assemblage
Building Size25,000 SF
Development Size216,000 SF
RepresentationBuyer & Seller

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