Ryan Mehra Acquires Commercial Property In Corona, Queens For $4.5M

The commercial property located at 40-13 104th Street & 40-15 104th Street in Corona, Queens has been sold for a price of $4,500,000. The property has a building square footage (BSF) of 8,000 and a price per building square footage (PPBSF) of $562. The total square footage (SF) of the property is also 8,000, with a price per square footage (PPSF) of $562. The property has a floor area ratio (FAR) of 2.05 and falls under tax class 2A. The lot size is 2,000 square feet and has a lot dimension of 20 ft x 100 ft. The last sale price of the property was $1,900,000 on 10/4/2007.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $4,500,000
• Market: Corona, Queens
• Zoning: R6B, C1-4

Ryan Mehra has purchased the property from David Sedgh. They were represented by their respective brokers in the deal.