2-20 Malt Drive
Long Island City, Queens
Parcel ID (BBL): 4000110001
Owner: Tf Cornerstone
Debt: January 18, 2023, $418 million
Built: 2022
SF: 842,064
Dwelling units: 812
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 39
Legacy BBLs: 4000110001
HPD Ownership Registration Information
Last registered: 2025-10-16 (expires 2026-09-01)
Kamran Elghanayan
Head Officer
387 PARK AVENUE SOUTH 7TH FL New York, NY, 10016
Bud North Llc
Corporate Owner
387 PARK AVENUE SOUTH 7TH FL New York, NY, 10016
Frederick Elghanayan
Officer
387 PARK AVENUE SOUTH 7TH FL New York, NY, 10016
Tf Cornerstone Inc.
Agent
387 PARK AVENUE SOUTH 7TH FL New York, NY, 10016
Daniel Adachi
Site Manager
Transactions:
• TF Cornerstone borrowed $418 million from Wells Fargo for 2-21 Malt Drive, Long Island City, Queens on January 18, 2023.
Development:
• TF Cornerstone filed new building job 421133632 for 723,731 sqft R-2 building with 812 apartments in Long Island City, Queens, on December 14, 2020.
• Kevin Mccormack filed alteration job Q01366034 for 1,557 sqft 69 building with 811 apartments in Long Island City, Queens, on March 05, 2026.
• Michael Garcia filed alteration job Q01172232 for 1,900 sqft M building with 811 apartments in Long Island City, Queens, on July 16, 2025.
• Michael Garcia filed alteration job Q01172235 for 1,900 sqft M building with 811 apartments in Long Island City, Queens, on July 16, 2025.
• Michael Garcia filed alteration job Q01213326 for 1,450 sqft R-2 building with 811 apartments in Long Island City, Queens, on April 28, 2025.
• Bruce Weill filed alteration job Q01092171 for 846,268 sqft R-2 building with 811 apartments in Long Island City, Queens, on October 04, 2024.