4004310017

Owner: Zl Capital

Acquired: September 09, 2020, $15.5 million

Debt: December 29, 2021, $29.1 million

Built: 2022

SF: 49,314

Dwelling units: 51

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 8

Transactions:

• Company sold 27-20 42nd Road, 27-20 42nd Road, 27-20 42nd Road, 27-20 42nd Road, 27-20 42nd Road, and others, Long Island City, Queens for $0 to company on August 16, 2024.

• ZL Capital borrowed $29.1 million from Bank Leumi for 27-20 42nd Road, Hunters Point/Long Island City, Queens on December 29, 2021.

• Yu Liu borrowed $5.8 million from Connectone Bank for 27-20 42nd Road, Long Island City, Queens on September 09, 2020.

• Pulsar Technology Systems sold 27-20 42nd Road, Long Island City, Queens for $15.5 million to Yu Liu on September 09, 2020.

• Pulsar Technology Systems sold 27-20 42nd Road, Long Island City, Queens for $0 to ZL 2720 LLC on May 19, 2020.

Development:

• Yu Liu filed plans for alteration in Long Island City, Queens, on March 31, 2025.

• Yanzhu Liu filed plans for alteration in Long Island City, Queens, on January 02, 2025.

• Yu Liu filed plans for alteration in Long Island City, Queens, on December 14, 2024.

• Yu Liu filed plans for alteration in Long Island City, Queens, on September 12, 2024.

• Yu Liu filed plans for SC in Long Island City, Queens, on May 15, 2024.

Latest Stories:

• ZL Capital signs $29M construction loan with Bank Leumi for 51-unit development in LIC (December 30, 2021)

• Yu Liu pays $15.5M to Pulsar Technology Systems for LIC dev site (September 10, 2020)

• Yu Liu borrows $5.9M from ConnectOne Bank to buy dev site in Long Island City (September 10, 2020)

• Developer files plans for 51-unit mixed-use building in LIC (September 08, 2020)

• Anonymous LLC inks contract to buy LIC site across from Tishman-built office tower (May 20, 2020)