40-40 79 Street
Elmhurst, Queens
Parcel ID (BBL): 4014890018
Owner: Benedict Realty Group
Acquired: November 01, 2024, $18 million
Debt: November 01, 2024, $13.5 million
Built: 1956
Renovated: 2022
SF: 176,480
Dwelling units: 192
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 6
Transactions:
• Benedict Realty Group borrowed $13.5 million from CBRE for 40-40 79th Street, Elmhurst, Queens on November 01, 2024.
• Algin Management sold 40-40 79th Street, Elmhurst, Queens for $18 million to Benedict Realty Group on November 01, 2024.
Development:
• Laurence Ginsberg filed plans for alteration in Elmhurst, Queens, on March 23, 2022.
• Noman Raja filed plans for alteration in Elmhurst, Queens, on April 25, 2018.
• Mark Schulman filed plans for A3 in Elmhurst, Queens, on June 09, 2010.
• George Panos filed plans for alteration in Elmhurst, Queens, on October 02, 2017.
• Laurence Ginsberg filed plans for alteration in Elmhurst, Queens, on July 11, 2003.
Violations:
According to city public data, the properties have received $150 in OATH penalties in the last year.