Lloyd Goldman buys Sunnyside building for $41M

TRD New York /
Feb.February 25, 2013 01:00 PM

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.


Related Articles

arrow_forward_ios
Lloyd Goldman, Jeffrey Feil threaten to pull the plug on the New York Wheel

Lloyd Goldman, Jeffrey Feil threaten to pull the plug on the New York Wheel

Here’s what the $10M-$20M investment sales market looked like last week

Here’s what the $10M-$20M investment sales market looked like last week

BLDG Management refis the Blake on the UES with $65M loan

BLDG Management refis the Blake on the UES with $65M loan

BLDG secures $70M to refi UWS rental building

BLDG secures $70M to refi UWS rental building

Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

Tenant lawyer to pay fine for dislodging surveillance camera from BLDG building

Tenant lawyer to pay fine for dislodging surveillance camera from BLDG building

Lloyd Goldman’s BLDG buys East Harlem office building

Lloyd Goldman’s BLDG buys East Harlem office building

AllianceBernstein pays $100.4M for George Washington Hotel’s ground lease

AllianceBernstein pays $100.4M for George Washington Hotel’s ground lease

arrow_forward_ios
Loading...