Charatan Realty pays $11M for commercial property in Queens Village

Charatan Realty through the entity 217-44 Realty LLC paid Christopher Viggiano’s 4-C’S Holding Corp. $11 million for 217-40 98th Avenue in Queens. The deal closed on June 9, 2020, and was recorded on June 11, 2020. The transaction consists of 1 parcel, including the tax class light manufacturing building (F5). The property is 66,978 square feet. The parcel(s) have total development potential of 66,978 square feet.
The average sale price per square foot is $164. The transaction was put in contract January 20, 2020.

Jack Bick was the signatory for Charatan.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link