DEVELOPMENT SITE SELLS FOR $1.44M IN QUEENS

NEW YORK CITY — Marcus & Millichap represented a private investor in the disposition of 87-67 171st Street in the Jamaica neighborhood Queens. The 26,000-square-foot development site sold for $1.44 million. Matthew Fotis and Lazarus Apostolidis of Marcus & Millichap represented both parties in the transaction. The buyer was an undisclosed private investor.