42-19 24 Street

Long Island City, Queens

Parcel ID (BBL): 4004240001

Acris records

Owner: Montperia Group

Acquired: August 30, 2023, $49 million

Debt: July 18, 2025, $115 million

Built: 1949

Renovated: 2000

SF: 74,105

Dwelling units: 0

No. of buildings: 1

Class: Training Schools (W4)

Floors: 3

Transactions:

Montperia Group and JLS Construction Group borrowed $115 million from Maxim Capital Group for 24-02 Queens Plaza South, Long Island City, Queens on July 18, 2025.

Montperia Group borrowed $25 million from Fiona Wu for 24-02 Queens Plaza South, Long Island City, Queens on July 24, 2024.

Ampiera Group borrowed $25 million from Maxim Capital Group for 24-02 Queens Plaza South, Long Island City, Queens on August 30, 2023.

Carlyle Group and Botanic Properties sold 24-02 Queens Plaza South, Long Island City, Queens for $49 million to Ampiera Group on August 30, 2023.

Atlas Capital Group sold 24-02 Queens Plaza South, Long Island City, Queens for $40 million to Carlyle Group on September 17, 2020.

Development:

Alex Adarichev filed major alteration job Q00641817 for 195,368 sqft B building with 0 apartments in Long Island City, Queens, on December 17, 2021.

• Lou Blum filed major alteration job 420509603 for 698 sqft B building in Long Island City, Queens, on November 30, 2011.

• Michael Frassetti filed alteration job Q01097562 for 1 sqft building with 0 apartments in Long Island City, Queens, on October 03, 2024.

• Michael Frassetti filed alteration job Q01097599 for 1 sqft building with 0 apartments in Long Island City, Queens, on October 03, 2024.

• Michael Frassetti filed alteration job Q01097548 for 1 sqft building with 0 apartments in Long Island City, Queens, on October 03, 2024.

Steven Li filed alteration job Q01106996 for 74,105 sqft building with 0 apartments in Long Island City, Queens, on September 25, 2024.

Steven Li filed alteration job Q01094365 for 70,944 sqft building with 0 apartments in Long Island City, Queens, on August 22, 2024.

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.

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