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CLOSED: Avi Matatov buys 9804-9812 Queens Boulevard in Rego Park from George Baharestani for $12 million

Address: 9804-9812 Queens Boulevard
Location: Rego Park
Building type: One story retail building
Price: $12,000,000
Square footage: 8,336
Seller: George Baharestani, 98-02 Partners, LLC
Buyer: Avi Matatov, RB Realty Capital, LLC
Deal date: 01/22/2018

9804-9812 QUEENS BLVD, 11374 (Rego Park)
Block-3086 Lot-7
building class:1K1-One Story Retail Building

Transfer Tax: $48,000.00 Sales Price: $12,000,000 (Prior Sales Price: $5,250,000; Date: 03-29-05)
CRFN: 2018000024664 Sale Date: 01-18-18 Recorded: 01-22-18
Loan: $4,678,761 Lender: SIGNATURE BANK addr:565 FIFTH AVENUE NEW YORK NY 10017
Property Values Assessed Taxable Market Tax Basis
Land $765,000 $765,000 $1,700,000 Final 16-17
Total $1,202,764 $1,202,764 $2,707,000

Estimated Property Tax Prior To Transfer: $127,180 Tax Class: 4
Lot Size: 100×100; 10,000 sq ft, Building Size: 100×50; 8,336 sq ft 1 stories, 16 units, built 1942

Buyer:
RB REALTY CAPITAL LLC
AVI MATATOV
c/o AV JEWELRY EXPORT-IMPORT LIMITED
62 WEST 47TH STREET, SUITE 603
New York, NY 10036

Seller:
98-02 PARTNERS LLC
GEORGE BAHARESTANI
11 BRIGHTON ROAD SOUTH
Manhasset, NY 11030