Mehrdad Kohanim Acquires Apartments In Downtown Flushing For $4.9M

The property involved in this transaction is located at 142-41 Franklin Avenue in downtown Flushing, Queens. It is classified as an apartment building and has a zoning designation of R7-1, C1-2. The sale took place on December 28, 2021, with Mehrdad Kohanim as the buyer and Leon C Skornicki as the seller.

Summary of Transaction Details:

• Property Type: Apartments
• Transaction Amount: $4,900,000
• Market: Downtown Flushing, Queens
• Address: 142-41 Franklin Avenue
• Zoning: R7-1, C1-2

The property has a building square footage (BSF) of 42,419, resulting in a price per BSF of $115. The lot size is 12,331 square feet, and the building itself occupies 34,650 square feet, leading to a price per square foot (PPSF) of $141. The floor area ratio (FAR) is 2.81, and the tax class is 2.

Notable permits for the property include an Alteration 3 permit issued on May 30, 2013. The lot dimensions are 109.75 feet by 107.25 feet.

Note: No additional information regarding the transaction or property is available.