Sanjiv Kumar Patel Acquires Commercial Property In Woodside, Queens For $3.45M

A commercial property located at 60-05 37th Avenue in Woodside, Queens has been sold for $3,450,000. The property has a building square footage (BSF) of 6,800 and a price per BSF (PPBSF) of $507. The lot size is 7,266 square feet, with dimensions of 91 ft x 90 ft. The property is zoned as M1-1, which allows for commercial use. The transaction took place on 03/30/2022.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,450,000
• Market: Woodside, Queens
• Address: 60-05 37th Avenue
• BSF: 6,800
• PPBSF: $507
• Lot Size: 7,266
• Zoning: M1-1
• Date: 03/30/2022

The buyer of the property is Sanjiv Kumar Patel, while the seller is Stewart J. Stern. The property had an alteration permit issued on 03/11/2009. The floor area ratio (FAR) for the property is 0.94.