59-20 Borden Avenue
Maspeth, Queens
Parcel ID (BBL): 4026570050
Owner: Glp Capital Partners
Acquired: September 23, 2022, $63 million
Debt: August 16, 2024, $44.2 million
Built: 2021
Renovated: 2020
SF: 136,084
Dwelling units: 0
No. of buildings: 1
Class: Warehouse, Self Storage (E7)
Floors: 6
Legacy BBLs: 4026570040
Transactions:
• GLP Capital Partners borrowed $44.2 million from Citibank for N/A Borden Avenue, Maspeth, Queens on August 16, 2024.
• InSite Property Group borrowed $49.8 million from Goldman Sachs for N/A Borden Avenue, Maspeth, Queens on November 29, 2022.
• InSite Property Group sold 59-20 Borden Avenue, Maspeth, Queens for $63 million to GLP Capital Partners on September 23, 2022.
• InSite Property Group borrowed $25.8 million from Valley National Bank for N/A Borden Avenue, Maspeth, Queens on April 16, 2021.
• Home Depot sold N/A Borden Avenue, Maspeth, Queens for $18 million to InSite Property Group on April 16, 2021.
Development:
• Elias Slaiby filed plans for alteration in Maspeth, Queens, on September 24, 2024.
• Elias Slaiby filed plans for alteration in Maspeth, Queens, on July 11, 2023.
• Charles Brown filed plans for alteration in Maspeth, Queens, on February 14, 2023.
• Elias Slaiby filed plans for alteration in Maspeth, Queens, on January 19, 2023.
• Elias Slaiby filed plans for alteration in Maspeth, Queens, on January 19, 2023.
