David Levine Acquires Multi-Use Property In Jackson Heights, Queens For $11.8M

A multi-use property located at 37-60 82 Street in Jackson Heights, Queens has been sold in a closed transaction. The property is zoned as C4-3, allowing for various uses. The sale took place on December 16, 2021, with David Levine purchasing the property from Carlos P Naudon. The transaction price was $11,777,800, with a building square footage (BSF) of 10,200 and a price per BSF (PPBSF) of $1,155. The lot size is 3,000 square feet, with dimensions of 30 ft x 100 ft. The total square footage of the property is 10,160, resulting in a price per square foot (PPSF) of $1,159. The previous sale of the property occurred on September 29, 2017, with a sale price of $0. The property falls under tax class 4 and has a floor area ratio (FAR) of 3.39. The transaction will require permits, with an estimated timeframe of 3 months for processing.

Summary of transaction details

• Property Type: Multi Use
• Transaction Amount: $11,777,800
• Market: Jackson Heights, Queens
• Buyer: David Levine
• Seller: Carlos P Naudon
• BSF: 10,200
• PPBSF: $1,155
• SF: 10,160
• PPSF: $1,159
• Zoning: C4-3
• Lot Size: 3,000
• Last Sale Price: $0 (9/29/2017)
• Tax Class: 4
• FAR: 3.39
• Permits: 3 months for permits
• Lot Dimension: 30 ft x 100 ft

David Levine represented the buyer in this transaction. The deal was facilitated by Carlos P Naudon's representative.