Joseph Capone Acquires Commercial Property In Sunnyside, Queens For $5.6M

The commercial property located at 35-03 Bradley Avenue in Sunnyside, Queens has been sold in a transaction that closed on January 19, 2022. The property is categorized as a commercial asset and falls under the M1-1 zoning classification. It spans a lot size of 10,000 square feet with dimensions measuring 100.83 ft x 100 ft.

Summary of transation details

• Property Type: Commercial
• Transaction Amount: $5,600,000
• Buyer: Joseph Capone
• Seller: Ovidiu Colea
• BSF: 10,000 square feet
• Price Per BSF: $560
• SF: 12,500 square feet
• Price Per SF: $448
• Far: 1.25
• Tax Class: 4
• Permits: Alteration 2 (10/11/2006)

The buyer in this transaction is Joseph Capone, while the seller is Ovidiu Colea. The deal was closed at a price of $5,600,000, with a building square footage of 12,500. The property has a calculated price of $448 per square foot. The lot size is 10,000 square feet, and the price per buildable square foot comes to $560. The property falls under tax class 4 and has a Floor Area Ratio (FAR) of 1.25. Noteworthy permits for the property include an alteration permit issued on October 11, 2006.