Eastern Consolidated brokers $21 million sale of 71-13 60th Lane in Ridgewaao, Queens
March 23, 2015 - Brokerage
Eastern Consolidated has arranged the sale of 71-13 60th Ln. in Ridgewood, for $21 million. Eastern Consolidated exclusively represented the seller, Bonjour Capital, and procured the buyer, Viking Management.
The 45,800 s/f multifamily building is located on the east side of 60th Ln. between Myrtle Ave. and 71st Ave. The apartment building is a mix of one, two and three-bedroom units and features luxury finishes, two elevators, and a resident parking area. In addition, the building has amenities which include a game room, resident lounge, children's play room, and furnished roof deck.
71-13 60th Ln. is in close proximity to Myrtle Ave., the neighborhood's main commercial/retail corridor, which features a combination of both neighborhood stores and national companies including banks, restaurants, retailers, medical offices, food markets and discount stores. The property is easily accessible via the M and L subway lines.
Eric Goldberg, Keith Pollock and Eliska Krausova, of Olshan Law were the attorneys for the seller. Stephen O'Connell, of Smith, Gambrell & Russell was the attorney for the buyer.