Mina Farah pays $5M to estate of Thomas Nemet for vacant property in Jamaica

Mina Farah through the entity F.R.M.F. Liberty Avenue 1 Family Limited paid the estate of Thomas Nemet $5 million for 150-02 Hillside Avenue in Jamaica. The deal closed on February 20, 2020, and was recorded on May 5, 2020. The transaction consists of 1 parcel, including the tax class car sales/rental without showroom (GU). The parcel(s) have total development potential of 46,727 square feet.
The average sale price per square foot is $107.

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