The storefronts on the recently-sold lot on Skillman Ave. (Google Maps)
Feb. 1, 2018 By Nathaly Pesantez
A lot on Skillman Avenue made up of six stores and a 67-unit apartment building has recently sold for a staggering $22.5 million, building records show.
The mixed-use lot, with an address of 41-06 50th St., was sold on Jan. 10 to Meri Triades Pasztor of Freedom Crossing LLC.
Andreas Andreadis, the former owner, bought the lot in 1999, records show.
The six-story apartment building on 41-06 50th St. (Google Maps)
The lot, with a gross floor area of roughly 58,000 square feet, includes businesses like Aubergine, Skillman Shoe Repair, Olympic City Real Estate, and Skillman Pets.
Abdel Rios, owner of Skillman Pets, said news of the sale initially worried him. “We didn’t know what was going to happen,” he said. “We were concerned that the new landlord was going to price us out.”
But rent on the pet store, which opened in 2010, was only raised by a couple percentage points, translating to a couple hundred dollars. “It wasn’t as bad as I thought,” he said. “It looks like we will be able to stay in business.”
The entire lot, outlined in red. (Google Maps)
