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Pinnacle Realty

  • About
  • Listings
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    • Brokers/Salespeople
    • Staff
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718-784-8282

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Real Estate Weekly

Real Estate Weekly, Wed, March 12, 2014

By

Carolina Bergara

March 12, 2014

Pinnacle Realty of New York LLC announced the following residential development sale transactions:

  • Partners David Junik, Decio Baio and senior partner Gary R. Blum represented both the seller and buyer of a 214,000 s/f development site at 44-35,37,39,43 Purves Street, Long Island City. The Rabskey Group paid $32 million for the site. The same team repped all sides in the $17 million trade of a 105,000 s/f property at 41-21 28th Street, Long Island City to a local developer. 
  • A 390,000 buildable square feet site at 29-16 Northern Blvd, Long Island City, was sold The Rabskey Group for $35 million. Junik, Baio, Blum and salesperson Michael Prange represented both the seller and purchaser. This site was previously owned by the Emmes Group. 
  • And a 60,000 s/f site at 32-21 37th Street, also LIC, was sold to a local developer for $8.1 million. The Pinnacle team represented the Stein Family in the sale while brokers Paul Bralower, Brendan Burke and Joshua A. Kleinberg represented the purchaser.

Read more at The Real Estate Weekly

 Long Island City Queens Real Estate Weekly

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34-07 Steinway Street, Suite 202
Long Island City, NY 11101

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