Vinod Patel pays $5.1M for retail building in Floral Park

Vinod Patel through the entity Rai Krupa LLC paid $5.1 million to Kenneth Arduino and Janet Fama for the retail building (K5) at 258-10 Hillside Avenue in Floral Park, Queens. The property was formerly occupied by a Burger King.
The deal closed on May 28, 2021 and was recorded on June 18, 2021.
The property has 3,750 square feet of built space and 6,200 square feet of additional air rights for a total buildable of 10,000 square feet according to PincusCo analysis of city data. The sale price per built square foot is $1,349 and the price per buildable square foot is $506 per the PincusCo analysis.
The signatory for Kenneth Arduino and Janet Fama was Kenneth Arduino and Janet Fama. The signatory for Vinod Patel was Vinod Patel.
(410000706)The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on July 7, 2014.

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