Circle Academy Charter School signs 30-year lease with Kiumarz Geula in Whitestone

Circle Academy Charter School through the entity Friends of NY Charters Inc. signed a 30-year lease with Kiumarz Geula’s 24-20 Parsons Blvd LLC for space in 24-20 Parsons Boulevard in Whitestone. The deal closed on February 24, 2020, and was recorded on March 9, 2020. The transaction consists of 1 parcel, including the tax class miscellaneous educational (W9). The property is 36,400 square feet. The parcel(s) have total development potential of 36,400 square feet.

The last time the property sold was October 28, 2013, for $3,200,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on September 9, 2016.
Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 major renovation applications including a certificate of occupancy change (A1) filed with a total estimated value of $1,367,500. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $734,264.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link“