QUEENS APARTMENT PORTFOLIO SELLS FOR $38.5M

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NEW YORK CITY — Zara Realty has acquired five apartment buildings in Hollis and Jamaica, Queens for $38.5 million. The properties include 191-11 Woodhull Ave. and 91-59 191st St. in Hollis and 144-88 88th Ave., 88-09 148th St., 88-25 148th St. in Jamaica. The buildings include a total of 345 apartment units and 306,286 square feet. Bob Knakal and Brian Sarath of Massey Knakal represented the seller in the transaction.

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