Hooshang Nematzadeh pays $2.7M for retail in Woodside

Hooshang Nematzadeh through the entity 65-25 Queens Blvd., LLC paid Shanoor Varjabedian’s Varj Properties LLC $2.7 million for 65-25 Queens Boulevard in Woodside. The deal closed on October 2, 2020, and was recorded on October 23, 2020. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4) and containing 2 residential units. The property is 16,800 square feet. The parcel(s) have total development potential of 33,600 square feet.
The average sale price per square foot is $81.

The contract date was March 12, 2020.

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 $56,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link