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Acquisitions

Ahmed Qasemi buys 144-01 Hillside Avenue

Site allows for the development of 68,983 SF

144-01 Hillside Avenue (Credit: LoopNet / Gold Homes LLC)

Ahmed Qasemi has acquired 144-01 Hillside Avenue in Queens from Pliskin Realty for $7.15 million. The Jamaica development site spans 24,000 square feet and contains four commercial units.

Dig Deeper: The warehouse sits at the intersection of Hillside Avenue at 144th Street steps away from the Sutphin Boulevard Station with access to the F train. Current retail tenants include the Hillside Super Laundromat.

Sound Smart: The property possesses 44,983 buildable square feet and is located on a busy corner with access to transit.

Brokers: The deal was brokered by Michael Kook of Marcus and Millichap.

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