Peter Papamichael pays $3.4M for industrial in Long Island City

Peter Papamichael through the entity Vm 4311 LLC paid Edward Farrell’s Rlsi LLC $3.4 million for 43-67 11th Street in Long Island City. The deal closed on March 10, 2021 and was recorded on March 22, 2021. The transaction consists of 1 parcel, including the tax class semi-fireproof manufacturing building (F4). The property is 5,840 square feet.
The average sale price per square foot is $580.

The contract date was July 28, 2018.
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. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $75,000.

Direct link to Acris document. link
The signatory for the buyer was Peter Papamichael.

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