NEW YORKDoronPergament has put a 126-unit luxury apartment building in FarRockaway, Queens on the market at an asking price of $70million. 

The property is listed along withan adjacent 53,000-square foot development site that is located ina qualified opportunity zone, according to B6 Real EstateAdvisors, which has beenretained to sell the property. 

The 15-story building was built in 2009 and renovated in 2016.In addition to the rent-stabilized apartments it also has onecommercial medical office.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.