Victor Ping pays $7M for long-held warehouse property in Flushing

Victor Ping through the entity Ever River Realty Corp. paid Estates of Richard and Samuel Blackman’s Samrich Realty, LLC $7 million for 133-27 35th Avenue in Flushing. The deal closed on February 28, 2020, and was recorded on March 9, 2020. The transaction consists of 1 parcel, including the tax class miscellaneous warehouse (E9). The property is 12,100 square feet. The parcel(s) have total development potential of 24,386 square feet.
The average sale price per square foot is $287.

Richard and Samuel Blackman bought the parcel in 1972, and it remained in their estates following their deaths until this sale.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link