131-28 40 Road

Owner: Mcsam Hotel Group

Acquired: March 05, 2021, $9 million

Debt: March 05, 2021, $5.5 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 1

Class: Unlicensed Parking Lot (G7)

Transactions:

• McSam Hotel Group borrowed $5.5 million from Maxim Credit Group for 131-40 40th Road, 40 ROAD 131-38, 131-36 40th Road, 131-32 40th Road, 131-30 40th Road, and others, Flushing, Queens on March 05, 2021.

• Naomi Yakuel sold 131-40 40th Road, 40 ROAD 131-38, 131-36 40th Road, 131-32 40th Road, 131-30 40th Road, and others, Flushing, Queens for $9 million to McSam Hotel Group on March 05, 2021.

Development:

• Manuel Barrera filed plans for alteration in Flushing, Queens, on July 15, 2025.

• Chun Lin Chiang filed plans for alteration in Flushing, Queens, on May 16, 2025.

• Gonzalez Fanord filed plans for alteration in Flushing, Queens, on July 17, 2024.

• Jerod Gallimore filed plans for alteration in Flushing, Queens, on March 26, 2024.

• Chun Lin Chiang filed plans for alteration in Flushing, Queens, on November 10, 2023.

Violations:

According to city public data, the properties have received $29,355 in ECB penalties and $29,355 in OATH penalties in the last year.