67-25 Otto Road
Middle Village, Queens
Parcel ID (BBL): 4036670576
Acquired: June 23, 2020, $72 million
Debt: July 19, 2021, $112 million
Transactions:
• GLP Capital Partners borrowed $112 million from Wells Fargo for 67-25 Otto Road and 66-31 Otto Road, Glendale, Queens on July 19, 2021.
• Sitex Group sold 67-25 Otto Road, 66-35 Otto Road, Glendale, Queens for $72 million to Global Logistic Properties on June 23, 2020.
Development:
• Thomas Game filed alteration job Q01395829 for 500 sqft COM building with 0 apartments in Middle Village, Queens, on May 06, 2026.
• Richard Volpi filed alteration job Q00708337 for 40,900 sqft B-1 building with 0 apartments in Middle Village, Queens, on April 12, 2022.
• Richard Volpi filed alteration job Q00606088 for 42,277 sqft COM building with 0 apartments in Middle Village, Queens, on October 08, 2021.
• Richard Volpi filed alteration job Q00517201 for 40,900 sqft B-1 building with 0 apartments in Middle Village, Queens, on May 25, 2021.
• Arnorld Manche filed alteration job 421886604 for COM building in Middle Village, Queens, on April 11, 2019.