Iqbal Kaknia pays $3.1M to Platinum Realty for bank building in Glen Oaks

Iqbal Kaknia through the entity UT Acquisitions LLC paid Platinum Realty’s 252-25 Union Tpke LLC $3.1 million for 252-21 Union Turnpike in Glen Oaks. The deal closed on November 13, 2020 and was recorded on December 10, 2020. The transaction consists of 1 parcel, including the tax class bank building with or without parking (K7)The property is 4,035 square feet.
The average sale price per square foot is $781. The signatory for the seller was David Koptiev.

The contract date was July 30, 2020. The last time the property sold was September 19, 2019 for $1,710,000.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $485,100.

Direct link to Acris document. link