A Queens family bought a two-story building on a 10,000-square-foot corner lot in Long Island City for $3.8 million, according to the broker on the sale, and plans to build a 60-room hotel at the site.
The 14,375-square-foot building at 32-47 Queens Boulevard at 33rd Street was occupied by scaffold supply company Scaffolding Solutions, which vacated the property a day before the October 7 closing, said Stephen Preuss, a director of sales in the Queens office of Massey Knakal Realty Services, who brokered the deal.
Sixty-room hotel planned for LIC
The site is east of Queens Plaza, which is nearby the future home of two boutique hotels and a budget hotel. Two blocks west of the Chen site, Sam Chang opened a Days Inn at 31-36 Queens Boulevard last year.