Drywall Pension Building Fund pays $5.5M to Lina Gottesman for office building in Astoria

The Drywall Pension Building Fund, Inc. paid $5.5 million to Lina Gottesman through the entity 3618 33rd Street Corp. for office building (O2) at 36-18 33rd Street in Astoria, Queens.
The deal closed on September 1, 2021 and was recorded on September 14, 2021.
The property has 12,152 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $452 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on June 4, 2007, for $4.3 million.
The signatory for Lina Gottesman was Lina Gottesman.
One of the projects were to change the building from a B-2 to a E and were permitted on December 30, 2003.

Within a 400-foot radius of 36-18 33rd Street, PincusCo identified two commercial real estate items of interests occurred over the past 24 months.
Of those two items, two were loans above $5 million totaling $23.4 million. The most recent of the two was Debra Deow-Kalladeen which borrowed $8.8 million from Ponce Bank secured by the 0-square-foot development site (V1) on 36-31 31st Street on January 8, 2021.

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