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TRADED: Linden Center LLC buys 3337 Farrington Street from Global Universal Group, Ltd for $20,500,000

Address: 3337 Farrington Street
Location: Flushing North, Queens
Building type: Multy Story Retail Building
Price: $20,500,000
Square footage: 67,197 sf
Seller: Global Universal Group, Ltd.
Buyer: Linden Center LLC
Deal date: 12/14/2017

3337 FARRINGTON ST, 11354 (Flushing-North)
Block-4950 Lot-18
building class:2K2-Multi-story Retail Building (2 Or More)

Transfer Tax: $82,000.00 Sales Price: $20,500,000
CRFN: 2017000457891 Sale Date: 11-21-17 Recorded: 12-14-17
Loan: $12,975,000 Lender: DIME COMMUNITY BANK addr:300 CADMAN PLAZA WEST BROOKLYN NY 11201
Property Values Assessed Taxable Market Tax Basis
Land $712,440 $712,440 $1,759,000 Final 16-17
Total $2,302,495 $2,302,495 $7,180,000

Estimated Property Tax Prior To Transfer: $243,465 Tax Class: 4
Lot Size: 98x250I; 29,323 sq ft, Building Size: 98×250; 67,197 sq ft 2 stories, 6 units, built 1966

Buyer:
LINDEN CENTER LLC
37-11 PRINCE STREET, SUITE 2C
Flushing, NY 11354
UNLISTED

Seller:
GLOBAL UNIVERSAL GROUP, LTD
SPENCE LAW OFFICE, P.C.
55 LUMBER ROAD, SUITE 5
Roslyn, NY 11576