95-07 63 Drive

Owner: Malachite Group

Acquired: January 05, 2026, $16.1 million

Debt: January 26, 2026, $14.4 million

Built: 1942

SF: 10,000

Dwelling units: 0

No. of buildings: 1

Class: One Story Store Building (K1)

Floors: 1

Transactions:

• Malachite Group borrowed $14.4 million from Flushing Bank for 95-05 63rd Drive, 94-14 63rd Drive, and 95-02 63rd Drive, Rego Park, Queens on January 26, 2026.

• Imperial Sterling sold 95-05 63rd Drive and 95-02 63rd Drive, Rego Park, Queens for $16.1 million to Malachite Group on January 05, 2026.

• South Street Securities borrowed $7 million from KeyBank for 95-05 63rd Drive, 95-02 63rd Drive, and 96-06 Queens Boulevard, Rego Park, Queens on October 18, 2021.

Development:

• Curtis Penn filed alteration job Q00652687 for 46 sqft building with 0 apartments in Rego Park, Queens, on February 22, 2022.

• Richard Stone filed alteration job Q00671882 for 56 sqft building with 0 apartments in Rego Park, Queens, on February 02, 2022.

• Richard Stone filed alteration job Q00421852 for 8,845 sqft B building with 0 apartments in Rego Park, Queens, on November 04, 2020.

• Peter Metas filed alteration job 440644661 for E building in Rego Park, Queens, on November 04, 2020.

• Richard Stone filed alteration job Q00421815 for 8,845 sqft B building with 0 apartments in Rego Park, Queens, on November 04, 2020.

Violations:

According to city public data, the properties have received $10,235 in OATH penalties in the last year.