Azad, Entrepreneur Collaborate on Sale of Queens Condo Building

NEW YORKAn anonymous Israeli fund has paid $8.2 million for a condominium building in Forest Hills, Queens from Rossmoregate USA.

Azad Property Group and Entrepreneur Properties collaborated on the sale with Azad’s Barry Farchi procuring the buyer.

The property contains 35 condo apartments and a cell tower on the roof.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Commentaries and Blogs

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites