Mirjana Mirjanic Acquires Industrial Property In Long Island City, Queens For $10M

The industrial property located at 21-21 44th Road in Long Island City, Queens has been sold in a recent transaction. The property, with a total building square footage (BSF) of 30,000, was sold at a price of $10,000,000. The price per building square footage (PPBSF) is $333. The property comprises 18,700 square feet (SF), with a price per square footage (PPSF) of $534. The lot size is 14,985 square feet, with lot dimensions of 150 ft x 100 ft. The property is zoned M1-4 for industrial use.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $10,000,000
• Market: Long Island City, Queens
• Buyer: Mirjana Mirjanic
• Seller: Chalpin Family
• Building Square Footage (BSF): 30,000
• Price per Building Square Footage (PPBSF): $333
• Total Square Footage (SF): 18,700
• Price per Square Footage (PPSF): $534
• Lot Size: 14,985 square feet
• Zoning: M1-4

The transaction took place on April 28, 2021. The property falls under tax class 4 and has a floor area ratio (FAR) of 1.25. The property has an alteration permit of type 2 issued on July 18, 1989.