Yitzchok Katz’s Third Street Equity, LLC paid $9M to Hong Jing

Yitzchok Katz’s Third Street Equity, LLC, paid Hong Jing’s NY Enterprise Realty Corporation $9.0 million for 1 parcel, including the tax class miscellaneous warehouse (E9) at 26-35 3rd Street in Astoria. The deal closed on September 10, 2019 and was recorded on September 16, 2019. The parcel(s) have total development potential of 61,935 square feet.
The average sale price per square foot is $252.

The last time the property sold was February 6, 2015, for $7,000,000.

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 have been 2 demolition projects filed over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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