Recent Sale: $25M 142-28 38th Avenue Shirokia Tower (between Union and Bowne Streets)

RECENT SALE

$25 MILLION

Shirokia Tower

142-28 38th Avenue (between Union and Bowne Streets)

Downtown Flushing, Queens

 

A private investor has bought this 11-story apartment tower occupying a 50-by-200-foot parcel, with 32,600 square feet in air rights. The seller, who had filed for Chapter 11 three times, has retained a 3,000-square-foot adjoining community facility. The building, completed in 2007, has 23 apartments — 15 two-bedrooms, seven three-bedrooms and one five-bedroom penthouse duplex — with wood floors, granite countertops and 10.8-foot-high ceilings.

 

Buyer: 142-28 38th Ave

Seller: Shirokia Development

Brokers: Greg Corbin, Miguel Jauregui and Leah Chen, Besen & Associates

 

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