Bolla Oil buys foreclosed gas station for $9.5M in Jackson Heights

71-08 Northern Boulevard (Credit - Google)

71-08 Northern Boulevard (Credit - Google)

Bolla Oil through the entity Bolla EM Realty LLC paid $9.5 million for the 2,450-square-foot gas station on a 20,000 square foot lot at 71-08 Northern Boulevard in Jackson Heights, Queens that was the subject of a foreclosure action.
The deal closed on August 2, 2023 and was recorded on August 8, 2023. The contract date was June 9, 2023.

Evgeny Freidman through the entity Zinc Realty LLC bought the gas station in 2010 for $4.6 million. The prior lender Maverick Real Estate Partners through the entity GF Lender LLC bought the note in October 2017 then filed a foreclosure action the next year 700292/2018 against Evgeny Freidman. Austin I. Idehen is the referee. Bolla Oil is also known as Bolla Market,  is led by Harry Singh.

The signatory for the court was the referee Austin I. Idehen.

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