The Real Deal New York

Lloyd Goldman buys Sunnyside building for $41M

February 25, 2013 01:00PM
By Hayley Kaplan

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47-25 34th Street in Sunnyside, Queens (credit: PropertyShark)

Lloyd Goldman’s BLDG Management has continued its pricey buying spree, this time acquiring a warehouse building in Sunnyside, Queens, for $40.73 million, according to property records filed with the city Friday.

The 322,290-square-foot building at 47-25 34th Street contains 66,500 square feet of factory space; 32,500 square feet of office space and 223,390 square feet of storage space, according to PropertyShark.

New York development and investment company 601W Companies sold the building under an LLC identified in city records as 4225-34 Associates. The company purchased the building in February 2002, records show. Mark Karasick, a principal at 601W, took control of the Prudential Plaza, a landmark property in Chicago, in November, along with Michael Silberberg of Berkley Properties.

For Goldman, meanwhile, this is just one of many recent investments. As The Real Deal previously reported, Goldman purchased a three-story commercial property for $40.8 million at 178 Canal Street in December; an Upper East Side retail building at 888 Lexington Avenue for $13.25 million in February 2012; and the retail component of the Yves Chelsea at 166 West 18th Street for $6.6 million in March 2012.

BLDG did not immediately respond to requests for comment and 601W Companies could not be reached for comment.

  • Patrick

    Hayley, takes 60 seconds in city records to figure out who the seller is here….

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