38-11 10 Street

Long Island City, Queens

Parcel ID (BBL): 4004740031

Acris records

Owner: Jasmin Patel

Acquired: March 28, 2024, $40.5 million

Debt: March 28, 2024, $25 million

Built: 2017

SF: 59,261

Dwelling units: 0

No. of buildings: 1

Class: Transient Occupancy-Midtown Mn Area (H3)

Floors: 13

Legacy BBLs: 4004740028

Transactions:

Jasmin Patel borrowed $25 million from Metro City Bank for 38-11 10th Street, Long Island City, Queens on March 28, 2024.

McSam Hotel Group sold 38-11 10th Street, Long Island City, Queens for $40.5 million to Jasmin Patel on March 28, 2024.

McSam Hotel Group sold 38-04 11th Street, Long Island City, Queens for $0 to Letap Group on January 06, 2023.

McSam Hotel Group sold 38-11 10th Street, Astoria, Queens for $0 to McSam Hotel Group on October 08, 2021.

McSam Hotel Group borrowed $9 million from Sterling National Bank for 38-11 10th Street, Astoria, Queens on October 08, 2021.

Development:

• Jerod Gallimore filed plans for alteration in Long Island City, Queens, on February 29, 2020.

Sam Chang filed plans for alteration in Long Island City, Queens, on August 13, 2019.

• Jerod Gallimore filed plans for alteration in Long Island City, Queens, on August 12, 2019.

• Jerod Gallimore filed plans for alteration in Long Island City, Queens, on July 31, 2018.

Alec Shtromandel filed plans for A3 in Long Island City, Queens, on September 03, 2015.

Violations:

According to city public data, the properties have received $2,500 in ECB penalties and $5,850 in OATH penalties in the last year.

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