87-48 121 Street
Richmond Hill, Queens
Parcel ID (BBL): 4093300018
Owner: Brookfield Properties
Acquired: February 15, 2022, $46.5 million
Debt: February 15, 2022, $22.2 million
Built: 1930
Renovated: 2016
SF: 82,953
Dwelling units: 0
No. of buildings: 1
Class: Warehouse, Self Storage (E7)
Floors: 6
Transactions:
• Urban Storage Fund sold 87-40 121st Street, Richmond Hill, Queens for $46.5 million to Brookfield Properties on February 15, 2022.
• Brookfield Properties borrowed $22.2 million from Wells Fargo for 87-40 121st Street, Richmond Hill, Queens on February 15, 2022.
Development:
• Steve Werner filed plans for A3 in Richmond Hill, Queens, on January 18, 2017.
• Stephen Werner filed plans for A3 in Richmond Hill, Queens, on October 24, 2017.
• Steve Werner filed plans for A3 in Richmond Hill, Queens, on February 17, 2016.
• Robert Poole filed plans for alteration in Richmond Hill, Queens, on April 13, 2017.
• Steve Werner filed plans for A3 in Richmond Hill, Queens, on January 18, 2017.
Violations:
According to city public data, the properties have received one DOB violation and $6,870 in OATH penalties in the last year.