Thomas Ta pays $5M to Erika Warehouse Corp. for parking lot in East Williamsburg

Thomas Ta through the entity S53 LLC paid Erika Warehouse Corp. $5.1 million for 53 Scott Avenue in East Williamsburg. The deal closed on August 20, 2020, and was recorded on October 6, 2020. The transaction consists of 1 parcel, including the tax class unlicensed parking lot (G7). The property is 4,000 square feet. The parcel(s) have total development potential of 23,796 square feet.
The average sale price per square foot is $212.

The signatory for the seller was Pamela Gaslow. The contract date was August 20, 2020, the same as the closing date. The Gaslow family has owned the property since 1980.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 23,832 square feet. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link