Ly Ngoc Hung pays $7M to Soon H. Lee for store property in Sheepshead Bay

Ly Ngoc Hung through the entity Double Sun Realty Corp. paid Soon H. Lee’s 325 Realty Inc. $7.4 million for 1805 Avenue U, 2075 East 18th Street in Sheepshead Bay. The deal closed on January 8, 2020, and was recorded on January 22, 2020. The transaction consists of 2 parcels, including the tax class one-story store building (K1).

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $900,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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