Zara Realty has purchased a pair of multifamily buildings in Flushing for $80 million, according to property records and sources familiar with the deal. Ken Subraj’s firm bought 140-60 Beech Avenue for $37.5 million, and 140-30 and 140-50 Ash Avenue for $42.5 million from Ilias Theodoropoulos, who has owned the Beech Avenue property since 2005 and the Ash Avenue property since 2008. The neighboring buildings span about 250,000 square feet and contain 266 apartments overall, […]
source https://therealdeal.com/2019/06/10/zara-realty-buys-pair-of-queens-multifamily-buildings-for-80m/
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