90-19 56 Avenue

Owner: Tong Qiang Tang

Acquired: September 27, 2023, $1.7 million

Debt: September 28, 2021, $0

Built: 2017

SF: 4,911

Dwelling units: 7

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 4

Legacy BBLs: 4018570071

Transactions:

• Wing Fung Chau sold 90-19 56th Avenue, Elmhurst, Queens for $1.7 million to Tong Qiang Tang on September 27, 2023.

• Maguire Capital Group on September 28, 2021 bought a loan with an original principal of $5.8 million from BP3 Capital, signed by Howard Wasserman, secured by 90-19 56th Avenue, 90-15 56th Avenue, N/A 56th Avenue, 90-17 56th Avenue, and 90-13 56th Avenue, Elmhurst, Queens, when owned by Wing Fung Chau.

Development:

• Tu Kang Yang filed plans for new building for 6,200 sqft in Elmhurst, Queens, on March 31, 2016.

• Tu Kang Yang filed plans for demolition in Elmhurst, Queens, on October 16, 2015.

Latest Stories:

• Maguire Capital buys $5.8M in notes secured by five new construction parcels in Elmhurst (September 17, 2021)