143-58 38 Avenue

Flushing, Queens

Parcel ID (BBL): 4050220031

Acris records

Owner: Yong Qiu

Acquired: December 19, 2019, $37.5 million

Debt: September 21, 2022, $62 million

Built: 2023

Renovated: 2023

SF: 238,143

Dwelling units: 175

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 7

Transactions:

Yong Qiu borrowed $62 million from Cathay Bank for 38-20 Parsons Boulevard, Flushing, Queens on September 21, 2022.

Temple Gates of Prayer Congregation Shaarai Tefilla sold 38-20 Parsons Boulevard, Flushing, Queens for $37.5 million to Shun Qian Liu on December 19, 2019.

Development:

Eastone Equities filed new building job 421133464 for 155,389 sqft R-2 building with 175 apartments in Flushing, Queens, on November 18, 2020.

• Danny Jiang filed major alteration job Q01398763 for 43,800 sqft R-3 building with 175 apartments in Flushing, Queens, on May 12, 2026.

Shun Qian Liu filed alteration job Q00632210 for 345 sqft building with 175 apartments in Flushing, Queens, on February 22, 2024.

• Nikolaos Poubourids filed alteration job Q00952805 for 15,000 sqft building with 175 apartments in Flushing, Queens, on October 25, 2023.

Shun Qian Liu filed alteration job Q00509447 for 256,178 sqft R-2 building with 175 apartments in Flushing, Queens, on October 25, 2023.

• Sandeep Boporai filed alteration job Q00908784 for 7,170 sqft building with 175 apartments in Flushing, Queens, on July 24, 2023.

• Kenney Liu filed alteration job Q00745648 for 1 sqft building with 0 apartments in Flushing, Queens, on August 02, 2022.

Violations:

According to city public data, the properties have received $5,000 in ECB penalties and $5,000 in OATH penalties in the last year.

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