38-68 12 Street
Long Island City, Queens
Parcel ID (BBL): 4004730618
Owner: Montperia Group
Debt: August 21, 2025, $20 million
Built: 2017
SF: 93,160
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 16
Legacy BBLs: 4004730618
HPD Ownership Registration Information
Last registered: 2025-08-29 (expires 2026-09-01)
11-11 Lic Development Llc
Corporate Owner
38-70 12TH STREET Queens, NY, 11101
Rey Velasquez
Officer
38-70 12TH STREET Long Island City, NY, 11101
Rey Velasquez
Agent
38-70 12TH STREET Queens, NY, 11101
Rey Velasquez
Site Manager
Transactions:
• Montperia Group borrowed $20 million from Ponce Bank for 38-70 12th Street, Long Island City, Queens on August 21, 2025.
Development:
• Balwinder Singh filed plans for alteration in Long Island City, Queens, on October 17, 2018.
• Meng Hua Wang filed plans for alteration in Long Island City, Queens, on May 09, 2019.
• Balwinder Singh filed plans for alteration in Long Island City, Queens, on December 06, 2017.
• Alex Lau filed plans for alteration in Long Island City, Queens, on April 19, 2018.
• Alex Lau filed plans for alteration in Long Island City, Queens, on August 31, 2018.
Violations:
According to city public data, the properties have received $1,075 in OATH penalties in the last year.