Timothy McKenna Acquires Warehouse In Ditmars - Steinway, Queens For $14.4M

The property located at 19-19 37 Street in Ditmars - Steinway, Queens was sold on November 23, 2021. The property is classified as a warehouse and is under the M1-1 zoning. The transaction involved the buyer, Timothy McKenna, and the seller, Esther Weingarten.

Summary of transation details

• Property Type: Warehouses
• Transaction Amount: $14,400,000
• Building Square Footage: 35,003
• Price per Building Square Foot: $411
• Lot Square Footage: 23,000
• Price per Square Foot: $626
• Floor Area Ratio (FAR): 0.66
• Tax: 4
• Lot Size: 35,003
• Last Sale Price: $1 (6/24/2011)
• Lot Dimensions: 175 ft x 200.02 ft

The deal did not involve any brokers representing the parties. The transaction signifies a significant investment in the warehouse property, demonstrating the value and potential of the Ditmars - Steinway market.