47-51 Austell Place
Long Island City, Queens
Parcel ID (BBL): 4000970004
Owner: Normandy Real Estate Partners
Debt: September 11, 2023, $34.6 million
Built: 1916
Renovated: 2017
SF: 155,265
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 1 to 6 stories (O5)
Floors: 5
Transactions:
• Normandy Real Estate Partners borrowed $34.6 million from Waterfall Asset Management for 47-37 Austell Place, Long Island City, Queens on September 11, 2023.
• Waterfall Asset Management on January 11, 2021 bought a loan with an original principal of $75 million from Deutsche Bank, signed by Mrinal Dansingani|James Huddleston, secured by 47-37 Austell Place, Long Island City, Queens, when owned by Normandy Real Estate Partners.
Development:
• Vera Ujkaj filed plans for alteration in Long Island City, Queens, on July 18, 2023.
• Jerry Adessa filed plans for alteration in Long Island City, Queens, on December 18, 2018.
• Stephen Trapp filed plans for alteration in Long Island City, Queens, on July 06, 2017.
• Stephen Trapp filed plans for alteration in Long Island City, Queens, on October 21, 2016.
• Paul Russo filed plans for alteration in Long Island City, Queens, on July 27, 2004.
Violations:
According to city public data, the properties have received three DOB violations and $13,695 in OATH penalties in the last year.