33-45 Farrington Street
Flushing, Queens
Parcel ID (BBL): 4049500018
Built: 1966
Renovated: 2001
SF: 67,197
Dwelling units: 0
No. of buildings: 1
Class: Two Story or Store and Office (K2)
Floors: 2
Transactions:
• Weizhen Chen borrowed $16 million from New Era Life Insurance for 33-37 Farrington Street, Flushing, Queens on March 22, 2024.
• Yong Chun Guo and Henry Lam and Rita Lam sold 33-37 Farrington Street, Flushing, Queens for $23.1 million to Weizhen Chen on March 22, 2024.
• Sioni Group on July 19, 2022 bought a loan with an original principal of $13 million from Dime Community Bank, signed by Thomas Trufelli, secured by 33-37 Farrington Street, Flushing, Queens, when owned by Ching Lam|Choy Lam.
Development:
• Henry Lam filed plans for alteration in Flushing, Queens, on May 04, 2022.
• Henry Lam filed plans for alteration in Flushing, Queens, on January 04, 2022.
• Henry Lam filed plans for alteration in Flushing, Queens, on November 01, 2021.
• Henry Lam filed plans for alteration in Flushing, Queens, on March 09, 2021.
• Henry Lam filed plans for alteration in Flushing, Queens, on March 09, 2021.
Litigation:
• Yong Chun Guo, Ching Lam, Henry Lam, Choy Ling Lam and Rita Lam on May 23, 2023, filed a $28 million bankruptcy 1-23-41820-ess for 33-37 Farrington Street that has creditor Sioni Capital.
• Sioni Capital filed a $16.1 million pre-foreclosure 702668/2023 on February 06, 2023, against Ching Lam and Choy Lam at 33-37 Farrington Street.
Violations:
According to city public data, the properties have received one DOB violation and $300 in OATH penalties in the last year.