47-01 39 Place

Owner: Kingdom Equities

Acquired: June 24, 2024, $9.8 million

Debt: June 24, 2024, $10.2 million

Built: 1949

SF: 8,920

Dwelling units: 20

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 2

Transactions:

• Kingdom Equities borrowed $10.2 million from Fairbridge Asset Management and White Oak Assets for 39-30 47th Avenue, 39-44 47th Avenue, and 39-38 47th Avenue, Sunnyside, Queens on June 24, 2024.

• Fred Stark sold 39-30 47th Avenue, 39-44 47th Avenue, and 39-38 47th Avenue, Sunnyside, Queens for $9.8 million to Kingdom Equities on June 24, 2024.

Development:

• Dominic Casamento filed plans for alteration in Sunnyside, Queens, on April 03, 2025.

• Dominic Casamento filed plans for alteration in Sunnyside, Queens, on October 29, 2024.

Violations:

According to city public data, the properties have received $26,280 in ECB penalties, 10 housing violations, and $28,380 in OATH penalties in the last year.

Latest Stories:

• Kingdom Equities pays $9.8M to estate of Fred Stark for three walkups in Sunnyside (June 25, 2024)