Shirin Daredia & Barkat A. Daredia Acquire Commercial Property In South Ozone Park, Queens For $8.7M

The commercial property located at 115-51 Lefferts Boulevard & 119-02 Rockaway Boulevard in South Ozone Park, Queens, was sold on February 15, 2022. The property has a lot size of 3,000 square feet and a lot dimension of 30 ft x 100 ft. The zoning classification for the property is R3-2 for residential use and C2-3 for commercial use. The property previously had a full demolition permit issued on January 29, 1999.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $8,732,296
• Buyer: Shirin Daredia & Barkat A. Daredia
• Seller: Robert S. Korff
• Building Square Footage: 11,000
• Price per Building Square Foot: $793
• Total Square Footage: 11,020
• Floor-Area Ratio (FAR): 0.95
• Tax Class: 4

The buyers in this transaction are Shirin Daredia & Barkat A. Daredia, and the seller is Robert S. Korff. The property was purchased for a total amount of $8,732,296. The building on the property has a total square footage of 11,000 and a price per building square foot of $793. The floor-area ratio (FAR) for the property is 0.95, and it is classified under tax class 4.