Ground Lease REIT Buys 10-01 45th Rd (80,000 SF) in New York

Reported Sep 22, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Ground Lease REIT (affiliate of Montgomery Street Partners)
Seller
Holterbosch family
Price
$95M
Size
80K SF site
Price per SF
$1,188 per SF (our calculation)
Price per unit
$191,919 per unit (our calculation)
Asset class
Land
Transaction
Sale
Sub-market
Queens (incl. LIC, JFK)
Metro
New York (incl. Long Island & NJ)
Reported date
Sep 22, 2026

Summary

10-01 45th Rd is a land sale in Queens (incl. LIC, JFK), New York. Other details we have: buyer Ground Lease REIT (affiliate of Montgomery Street Partners); seller Holterbosch family; price $95M; size 80K SF site. Bisnow reports: “The seller of the 10-01 45th Road property was the Holterbosch family, former owners of a German beer import and distribution business.” Bisnow reports: “Dallas-based Ground Lease REIT, an affiliate of private equity firm Montgomery Street Partners, acquired a site in Long Island City for $95M, Commercial Observer reported.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Seller
    The seller of the 10-01 45th Road property was the Holterbosch family, former owners of a German beer import and distribution business.
  • Price / Buyer
    Dallas-based Ground Lease REIT, an affiliate of private equity firm Montgomery Street Partners, acquired a site in Long Island City for $95M, Commercial Observer reported.
  • Size
    Alchemy Ventures sold a 36-unit residential building at 310 W. 80th St. on the Upper West Side for $24.8M to Japan-based Phoenix Co. Ltd., according to a release.

Article date: 2026-09-22T16:27:34-04:00

Quick answers

Who bought 10-01 45th Rd?
Ground Lease REIT bought 10-01 45th Rd in Queens, New York, according to Bisnow.
How much did 10-01 45th Rd sell for?
The reported price is $95M ($1,188 per SF, our calculation), per Bisnow.
How big is 10-01 45th Rd?
80K SF site, as listed from the source.
When was this sale reported?
Reported Sep 22, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.