McSam Hotel Group affiliate pays $11.2M to DW Partners for property in Flushing

An affiliate of the McSam Hotel Group and Sunlight Development through the entity Main & Northern Partners LLC paid DW Partners’s Hajjar Medical Office Building Of Flushing, LLC $11.2 million for 135-25 Northern Boulevard in Flushing. The deal closed on March 31, 2021 and was recorded on April 16, 2021. The transaction consists of 1 parcel, including the tax class church, synagogue, chapel (M1). The property is 28,728 square feet.
The average sale price per square foot is $392.

DW Partners acquired control some time after it refinanced, as lender in 2018 a $19.3 million loan with the prior owner, John H. Hajjar. The McSam contract date was January 26, 2021. The last time the property sold was August 2, 2017 for $19,000,000.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.

There has been one new building permit application

Direct link to Acris document. link
The signatory for the buyer was Ken Huang.