Queens, NY — Jack Deutsch has finalized the sale of the Woodcrest Rehabilitation and Residential Health Care Center in Queens for a striking $55 million. The deal, executed through the entity Woodcrest Propco LLC, involves buyers Yaakov Sod, Leopold Friedman, and Milenia Care, according to property records and industry reporting.
Deutsch purchased the nursing facility at 119-09 26th Ave. in College Point, Queens, for $31 million in 2022, according to property records. This recent transaction marks a substantial increase in the property’s value since the 2022 purchase
The Woodcrest facility, a six-story, 200-bed nursing and rehabilitation center, was highlighted in several real estate and business reports in early January 2026. However, detailed information regarding operational changes, resident impacts, or regulatory aspects was not disclosed in these sources.
Strategic Investment
The impressive appreciation in property value might indicate a growing interest in New York’s nursing home real estate market, yet this angle was not elaborated on by analysts in the available resources.
While the transaction underscores significant financial maneuvering, the specifics surrounding the operation or future plans for the facility remain sparse. Reports on this multifaceted deal also did not uncover reactions or commentary from the stakeholders involved.
Historical Context
The Woodcrest sale adds to a run of high-value nursing home transactions in Queens, including the 2025 sale of Meadow Park Rehabilitation and Health Care Center in Fresh Meadows. Yet, the connections between these transactions and current market dynamics were not detailed in the reports.
The closure of this deal has yet to illuminate potential changes in the facility’s management or care delivery practices, leaving industry watchers and residents anticipating subsequent developments.
