Albert Kandchorov Acquires Commercial Property In Rego Park, Queens For $3.77M

The commercial property located at 63-44 Saunders Street in Rego Park, Queens has been sold in a transaction that closed on 03/04/2022.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,773,000
• Market: Rego Park, Queens
• Zoning: C4-2
• Buyer: Albert Kandchorov
• Seller: Charles A. Kaufmann
• Building Size: 16,320 sq ft
• Price per Building Square Foot: $231
• Lot Size: 4,800 sq ft
• Lot Dimension: 48 ft x 100 ft
• Sale Price per Square Foot: $257
• Floor Area Ratio (FAR): 3.05
• Tax Class: 4
• Permits: Alteration (08/06/2020)

Notable characteristics of the property include a building size of 16,320 square feet, with a price per building square foot of $231. The lot size is 4,800 square feet, with dimensions of 48 ft x 100 ft. The sale price per square foot is $257, and the property has a floor area ratio (FAR) of 3.05. The property falls under tax class 4 and previously obtained an alteration permit on 08/06/2020.

The sale transaction was facilitated by Albert Kandchorov as the buyer and Charles A. Kaufmann as the seller.