38-09 28 Street

Owner: Icross Capital

Debt: July 10, 2026, $21 million

Built: 2023

SF: 75,772

Dwelling units: 50

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 7

HPD Ownership Registration Information

Last registered: 2025-09-26 (expires 2026-09-01)

Transactions:

• iCross Capital borrowed $21 million from iCross Capital for 28-08 38th Avenue, Long Island City, Queens on July 10, 2026.

• iCross Capital borrowed $25 million from Ponce Bank for 28-08 38th Avenue, Long Island City, Queens on January 10, 2023.

• Lily Guo borrowed $5.5 million from Lily Guo for 38-09 28th Street, Long Island City, Queens on July 14, 2020.

Development:

• iCross Capital filed new building job 421133883 for 42,877 sqft R-2 building with 50 apartments in Long Island City, Queens, on February 25, 2021.

• David Serby filed alteration job Q00910325 for 50 sqft building with 0 apartments in Queens, on August 09, 2023.

• Lily Guo filed alteration job Q00913130 for 76,007 sqft building with 50 apartments in Queens, on August 04, 2023.

• Lily Guo filed alteration job Q00872787 for 48,480 sqft building with 50 apartments in Long Island City, Queens, on May 19, 2023.

• Lily Guo filed alteration job Q00869451 for 5,592 sqft building with 50 apartments in Long Island City, Queens, on May 19, 2023.

• Lily Guo filed alteration job Q00521537 for 76,007 sqft R-2 building with 50 apartments in Long Island City, Queens, on January 25, 2022.

Latest Stories:

• iCross Capital signs $25M construction loan with Ponce Bank for development in Long Island City (January 11, 2023)