Vinod R Patez Acquires Industrial Property In Floral Park Queens For $5.06M

The industrial property located at 258-10 Hillside Avenue in Floral Park, Queens has been sold for $5,062,000. The property has a building square footage (BSF) of 10,000, with a price per BSF of $506. The total square footage of the property is 3,800, with a price per square footage (PPSF) of $1,332. The lot size is 20,000 square feet, and the property has a floor area ratio (FAR) of 0.19. The property is zoned for both residential (R3-2) and commercial (C1-3) use. The tax class of the property is 4. The property previously underwent an alteration type 1 permit on September 11, 2007. The lot dimensions are 200 feet by 100 feet.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $5,062,000
• Market: Floral Park, Queens
• Buyer: Vinod R Patez
• Seller: Kenneth Arduino
• BSF: 10,000
• PPBSF: $506
• SF: 3,800
• PPSF: $1,332
• FAR: 0.19
• Tax Class: 4
• Lot Size: 20,000
• Permits: Alteration type 1 (09/11/2007)
• Lot Dimensions: 200 ft x 100 ft

The buyer, Vinod R Patez, acquired the property from the seller, Kenneth Arduino.