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CLOSED: Joseph Lipari buys 2614-2616 Jackson Avenue in Long Island City from Erik Ekstein for $8,100,000

Address: 2614-2616 Jackson Avenue
Location: Long Island City
Building type: Fireproof with stores
Price: $8,100,000
Square footage: 79,897
Seller: Erik Ekstein, L&M Jackson Avenue Member, LLC
Buyer: Joseph Lipari, Deerwood Jackson Avenue LLC and others
Deal date: 01/22/2018

2614-2616 JACKSON AVE, 11101 (Long Island City)
Block-268 Lot-15
building class:14D6-Elevator Apt; Fireproof With Stores

Transfer Tax: $32,400.00 Sales Price: $8,100,000 (Prior Sales Price: $6,825,000; Date: 12-15-11)
CRFN: 2018000025392 Sale Date: 01-16-18 Recorded: 01-22-18
Loan: $6,754,037 Lender: NEW YORK STATE HOUSING FINANCE AGENCY addr:641 LEXINGTON AVENUE NEW YORK NY 10022
also: $20,580,963 Lender::NEW YORK STATE HOUSING FINANCE AGENCY addr: 641 LEXINGTON AVENUE NEW YORK NY 10022
Property Values Assessed Taxable Market Tax Basis
Land $360,450 $360,450 $1,000,000 Final 16-17
Total $6,531,660 $6,531,660 $16,414,000

Estimated Property Tax Prior To Transfer: $842,061 Tax Class: 2
Lot Size: 100×100; 10,000 sq ft, Building Size: 79,897 sq ft 14 stories, 100 units, built 2014 section 421a property

Buyer:
DEERWOOD JACKSON AVENUE LLC and others
JOSEPH LIPARI
c/o DITMAS MANAGEMENT CORP
3333 NEW HYDE PARK ROAD, SUITE 411
New Hyde Park, NY 11042

Seller:
L&M JACKSON AVE MEMBER LLC
ERIK EKSTEIN
1865 PALMER AVENUE, SUITE 203
Larchmont, NY 10538