Star Auto Sales of Bayside pays $9.7M to Parma Tile for property in Queens

Star Auto Sales of Bayside through the entity 207-02 Northern Boulevard Of Bayside LLC paid Parma Tile Mosaic & Marble Co.’s Parma Tile Mosaic & Marble Co. Inc. $9.7 million for 207-02 Northern Boulevard in Queens. The deal closed on January 29, 2021, and was recorded on February 4, 2021. The transaction consists of 2 parcels, including the tax class one-story store building (K1). The parcel(s) have total development potential of 15,050 square feet.
The average sale price per square foot is $641.

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The signatory for the buyer was Michael Koufakis.