42-63 23 Street

Long Island City, Queens

Parcel ID (BBL): 4004280001

Acris records

Owner: United Construction & Development Group

Acquired: March 06, 2024, $57.5 million

Debt: April 17, 2026, $50 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 2

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Transactions:

• United Construction & Development Group borrowed $50 million from iCross Capital for 42-50 24th Street, Long Island City, Queens on April 17, 2026.

• United Construction & Development Group borrowed $40 million from iCross Capital for 42-50 24th Street, Long Island City, Queens on August 19, 2025.

• United Construction & Development Group borrowed $38.2 million from Maxim Capital Group for 42-50 24th Street, Long Island City, Queens on March 11, 2024.

• Fisher Brothers and Hakim Organization sold 42-50 24th Street, Long Island City, Queens for $57.5 million to United Construction & Development Group on March 06, 2024.

Development:

• United Construction & Development Group filed new building job Q01263805 for 268,204 sqft R-2 building with 387 apartments in Long Island City, Queens, on August 12, 2025.

• Fisher Brothers filed new building job 420666363 for 245,887 sqft R-2 building with 240 apartments in Long Island City, Queens, on October 18, 2019.

• William Xu filed alteration job Q01305411 for 1,081 sqft building with 0 apartments in Long Island City, Queens, on November 04, 2025.

• William Xu filed alteration job Q01265986 for 391,830 sqft R-2 building with 387 apartments in Long Island City, Queens, on September 03, 2025.

• Alex Adams filed alteration job Q00359810 for 33,983 sqft building with 240 apartments in Long Island City, Queens, on November 12, 2020.

• Alex Adams filed alteration job Q00359784 for 33,983 sqft building with 240 apartments in Long Island City, Queens, on November 12, 2020.

• Alex Adams filed alteration job Q00253955 for 334,166 sqft R-2 building with 240 apartments in Long Island City, Queens, on October 07, 2020.

Most recent Schedule of Occupancy

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.

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