New York City · Commercial sale
Btf Whitestone Realty buys 153-15 Cross Island Parkway in Queens for $56 million
A shopping center at 153-15 Cross Island Parkway, Queens sold for $56,000,000 on July 24, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $56,000,000
- Sold
- July 24, 2026
- Property type
- Shopping center
- Building area
- 148,639 sq ft
- Price per sq ft
- $377
- Year built
- 1955
A shopping center at 153-15 Cross Island Parkway in Queens sold for $56,000,000 on July 24, 2026, according to the New York City Department of Finance's ACRIS property records. The sale price is 2.3 times the market value of $24,150,000 on record.
Btf Whitestone Realty LLC bought the property from Redmont Realty Legacy, LLC, Rsmilk Realty LLC, Redmont Marx LLC and Seless Realty LLC, according to the deed.
The shopping center spans 148,639 square feet on a 9.26-acre lot, according to the NYC Department of Finance's records. Built in 1955, the property works out to $377 per square foot at the sale price.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $1,470,000 for the nYC real property transfer tax (commercial/other) and $224,000 for the nY State real estate transfer tax. The seller's estimated net is $53,300,931 before brokerage commissions and any loan payoff. A cash buyer would need about $57,029,651 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026072900368001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
