Liberty Coca-Cola Beverages pays $10M to Michael F. Weinberg for property in Maspeth

Liberty Coca-Cola Beverages through the entity Liberty 58-40 Borden Avenue LLC paid Michael F. Weinberg’s K&W Associates $10.0 million for 54-25 58th Street, 58-04 Borden Avenue, 58-20 Borden Avenue in Maspeth. The deal closed on October 30, 2020, and was recorded on November 17, 2020. The transaction consists of 3 parcels, including the tax class garage with two or more stories (G1). The parcel(s) have total development potential of 68,427 square feet.
The average sale price per square foot is $146.

The buyer is a bottling company Liberty Coca-Cola.  The signatory for the buyer is Paul Mulligan, company CEO. The contract date was September 30, 2020.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Paul Mulligan