31-16 21 Street

Astoria, Queens

Parcel ID (BBL): 4005330001

Acris records

Owner: Fbl Development

Acquired: July 05, 2022, $10.3 million

Debt: February 17, 2023, $25 million

Built: 2023

Renovated: 2023

SF: 48,341

Dwelling units: 52

No. of buildings: 3

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 8

Transactions:

• Company sold 31-16 21st Street, 31-16 21st Street, 31-16 21st Street, 31-16 21st Street, 31-16 21st Street, and others, Astoria, Queens for $0 to company on March 27, 2025.

• Company sold 31-16 21st Street, Astoria, Queens for $0 to company on April 11, 2023.

FBL Development borrowed $25 million from Ponce Bank for 31-16 21st Street, Astoria, Queens on February 17, 2023.

Yong Chen borrowed $6.3 million from S3 Capital for 31-16 21st Street, Astoria, Queens on July 05, 2022.

• Edward S. Didero Jr. sold 31-16 21st Street, Astoria, Queens for $10.3 million to Yong Chen on July 05, 2022.

Development:

Yong Chen filed plans for SC in Astoria, Queens, on October 22, 2024.

• Jared Bohrer filed plans for alteration in Astoria, Queens, on October 04, 2023.

Weitao Shi filed plans for alteration in Queens, on August 15, 2023.

Yong Chen and Weitao Shi filed plans for new building for 51,700 sqft in Astoria, Queens, on October 27, 2022.

Yong Chen filed plans for A3 in Astoria, Queens, on October 27, 2022.

Most recent Zoning Diagram (ZD1)

Violations:

According to city public data, the properties have received one DOB violation and $9,700 in OATH penalties in the last year.

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