Alma Realty buys two Queens rental buildings from Harry Silverstein family
Alma Realty through the entity Luckey Platt Equities, LLC bought two rental buildings from the family of the late real estate owner Harry Silverstein. Only one of the two building deed transfers has been recorded.
In the sale that was recorded, Alma Realty paid Harry Silverstein family’s Woodside Silver Associates, LLC $9.5 million for 39-30 59th Street in Woodside. The deal closed on July 29, 2020, and was recorded on August 12, 2020. The transaction consists of 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 77 residential units. The property is 52,290 square feet.
The sale price per unit is $123,377.
In the sale that was not recorded, Alma acquired an 81-unit rental in Briarwood with the address 91-35 193rd Street. Only the UCC financing statement has been filed, which was also dated July 29, 2020.
The late investor Harry D. Silverstein acquired the Woodside property in 1976. The contract date for the sale to Alma was April 15, 2020. Eric Silverstein was the signatory for the seller, while John Mavroudis was the signatory for the buyer. In 2016, The Real Deal reported these properties were expected to be sold to A&E Real Estate as part of an 800-unit, $275 million sale that followed the death of Harry Silverstein. Instead, the portfolio was sold off in pieces to various buyers.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
Correction: An earlier version of the story had an incorrect house number for the address 91-35 193rd Street.
