37-10 27 Street
Long Island City, Queens
Parcel ID (BBL): 4003680022
Owner: Maninder Sethi
Acquired: February 09, 2023, $14.1 million
Debt: February 09, 2023, $22 million
Built: 2019
SF: 47,643
Dwelling units: 39
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 6
Legacy BBLs: 4003680021
Transactions:
• Maninder Sethi and Kavneet Sethi borrowed $22 million from Bankwell Bank for 25-16 37th Avenue and 25-12 37th Avenue, Long Island City, Queens on February 09, 2023.
• Barry Leon bankrupted and FIA Capital Partners sold 25-16 37th Avenue and 25-12 37th Avenue, Long Island City, Queens for $14.1 million to Maninder Sethi and Kavneet Sethi on February 09, 2023.
Development:
• Prabhjit Singh filed plans for alteration in Long Island City, Queens, on March 11, 2024.
• Mandip Kaur filed plans for alteration in Long Island City, Queens, on September 23, 2023.
• Gurmeet Chadha filed plans for alteration in Long Island City, Queens, on March 01, 2023.
• Gurmeet Chadha filed plans for alteration in Long Island City, Queens, on December 01, 2021.
• Manjinder Singh filed plans for alteration in Long Island City, Queens, on December 16, 2018.
Litigation:
• Sawmill Road Partners on October 19, 2021, filed a $18.4 million bankruptcy 1-21-42662-jmm for 25-16 37 Avenue.
• Popular Bank filed a $9.5 million pre-foreclosure 722851/2020 on November 25, 2020, against Barry Leon at 25-16 37 Avenue.
• A $2.4 million lawsuit was filed 655611/2020 against SKW Funding on October 23, 2020,seeking a money judgmentat 25-16 37 Avenue.
Condominium:
• Barry Leon filed plans CD170052 on February 21, 2017 for 137-unit condominium called Smyth Condominium at 37-02 27 Street.
Violations:
According to city public data, the properties have received $5,625 in ECB penalties and $5,675 in OATH penalties in the last year.