68-19 Rego Park LLC paid $5M to Rego Park Realty

68-19 Rego Park LLC paid Rego Park Realty, LLC $5.4 million for 1 parcel, including the tax class miscellaneous (K9) at 68-19 Woodhaven Boulevard in Rego Park. The deal closed on July 30, 2019 and was recorded on August 09, 2019. The parcel(s) have total development potential of 29,407 square feet.
The average sale price per square foot is $226.
The estimated cap rate is 2.6%

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $60,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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