Payal Kedia Bor pays $6M for parking lot in Long Island City

Payal Kedia Bor through the entity Kedia Bor, LLC paid Steven Newman and Rod Newman’s Trlsg LLC $5.9 million for 43 Avenue, 42-44 13th Street in Long Island City. The deal closed on March 31, 2020, and was recorded on April 15, 2020. The transaction consists of 2 parcels, including the tax class unlicensed parking lot (G7). The parcel(s) have total development potential of 23,923 square feet.
The average sale price per square foot is $247.

The last time the property sold was March 6, 2018, for $1,000,000.

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

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