Gui Ying Hong Acquires Garage In Springfield Gardens For $5.3M

A garage located at 175-14 147th Avenue in Springfield Gardens was recently sold for $5,300,000. The property has a lot size of 22,793 square feet and a building square footage of 10,485. The sale price per square foot is $505. The transaction took place on 04/06/2021.

Summary of transaction details:

• Property Type: Garage
• Transaction Amount: $5,300,000
• Market: Springfield Gardens
• Zoning: M1-1
• Buyer: Gui Ying Hong
• Seller: 1107 East 56th Street Corp.
• BSF (Building Square Footage): 22,793
• PPBSF (Price per Building Square Foot): $232
• SF (Square Footage): 10,485
• PPSF (Price per Square Foot): $505
• FAR (Floor-to-Area Ratio): 0.46
• Tax Class: 4
• Permits: Alteration type 2 (04/06/2000)

Notable details about the transaction include the seller, 1107 East 56th Street Corp., and the buyer, Gui Ying Hong. The garage has a zoning classification of M1-1, and the tax class is 4. The property has a floor-to-area ratio of 0.46 and previously received permits for an alteration on 04/06/2000.