49-33 31 Place

Owner: Blackstone Group

Acquired: June 11, 2021, $20.6 million

Debt: July 16, 2025, $43.1 million

Built: 1962

SF: 47,540

Dwelling units: 0

No. of buildings: 1

Class: Heavy Manufacturing (Fireproof) (F1)

Floors: 2

Transactions:

• Blackstone Group borrowed $43.1 million from Wells Fargo for 49-33 31st Place, 31-30 Hunters Point Avenue, and 31-35 31st Place, Long Island City, Queens on July 16, 2025.

• Blackstone Group borrowed $43.1 million from Barclays for 49-33 31st Place, 31-30 Hunters Point Avenue, and 31-35 31st Place, Long Island City, Queens on March 23, 2022.

• Larry Deutsch sold 49-33 31st Place and 31-30 Hunters Point Avenue, Queens, Queens for $20.6 million to Blackstone Group on June 11, 2021.

Development:

• Paul Baudier filed plans for alteration in Long Island City, Queens, on January 16, 2020.

• Paul Baudier filed plans for alteration in Long Island City, Queens, on June 08, 2020.

• Paul Baudier filed plans for alteration in Long Island City, Queens, on November 19, 2019.

• Paul Baudier filed plans for alteration in Long Island City, Queens, on July 16, 2020.

• Larry Deutsch filed plans for alteration in Long Island City, Queens, on November 17, 2011.

Latest Stories:

• Blackstone Group signs $43.1M refi with Wells Fargo for LIC industrial (July 17, 2025)