Grigory Vaynshteyn Acquires Commercial Property On Liberty Avenue For $3.9M

The commercial property located at 121-11 Liberty Avenue in Richmond Hill, Queens, has been sold in a recent transaction. The property is zoned as R6A and C2-3, allowing for various commercial uses. The sale took place on September 13, 2022, with Grigory Vaynshteyn purchasing the property from Michael Lefkowitz for a price of $3,900,000.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,900,000
• Address: 121-11 Liberty Avenue
• Market: Richmond Hill, Queens
• Zoning: R6A, C2-3

The property has a building square footage (BSF) of 10,290, with the price per BSF being $379. The total area of the property is 3,430 square feet, resulting in a price per square foot (PPSF) of $1137. The property's floor area ratio (FAR) is 1.00, and it falls under tax class 4.

The lot size is 3,430 square feet, with dimensions of 42.26 ft x 79.27 ft. The previous sale of the property occurred on December 21, 2012, for a price of $3,500,000. A permit for a sign installation was obtained on October 4, 2001.