John Pantanelli pays $7.5M to Kenneth Wong for warehouse in Maspeth

John Pantanelli through the entity 34-40 LHB Realty LLC paid Kenneth Wong’s Landstar, Inc. $7.5 million for 34-40 Laurel Hill Boulevard in Queens. The deal closed on September 24, 2020, and was recorded on October 2, 2020. The transaction consists of 1 parcel, including the tax class miscellaneous warehouse (E9). The property is 9,600 square feet. The parcel(s) have total development potential of 61,503 square feet.
The average sale price per square foot is $122.

The contract date was June 22, 2020. Pantanelli is owner of Swing Staging Inc.

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