11-55 45th Avenue
Update
07/18/22
Rental Building sells for $14.75M in LIC
A 5-story mixed-use building, located at 11-55 45th Avenue in Long Island City, Queens, has just been sold for $14.75 million. The structure was purchased by Peak Capital Partners from the previous owner, Kartsonis Realty, in a deal brokered by Newmark Group.
Originally constructed in 1917, the building contains rental apartments, with 19 units dedicated to affordable housing. There are also 2 commercial retail units on the ground floor, totaling square feet. Altogether, the building stands feet tall and totals square feet.
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