Queens, NY Entrepreneur Properties sold 37-29 31 St. in Long Island City for $13.3 million.
Currently a vacant lot, the 100 ft. x 180.65 ft. lot footprint has approved plans for a 71,000 s/f mixed-use building containing 74 apartments, 7,800 s/f of retail and 10,000 s/f of private parking below grade.
Mo Ibrahim, a sales agent at Entrepreneur Properties, represented the seller, 166 Manhattan Cm LLC. The Chen Family was the buyer.
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