Property Transfers: Total 24 sells for $1.2 million

The Total 24 gas station at 930 Washington Ave. was sold twice this past month. It's not clear from the documents what transpired. What is clear is that the gas station and convenience store sold for $1 million and again for $1.2 million on June 17.

Bulk Petroleum Corp transfered the property to Mohammad Maqbool, and Maqbool then transfered the business to NYS Alliance Inc., which then moved the property to Syed Makhails Inc. To further complicate matters, Syed Makhails Inc. then granted a mortgage note to American Enterprise Bank, and Bulk Petroleum Corp filed a "Satisfaction" with Daya Sing and Gurdial Inc.

Based on the records, it appears the gas station was sold twice and ended up with Syed Makhails Inc. What's not clear is what this means for the occassionally troubled establishment. I covered a murder at Total 24 a few years back, and the gas station was forced to cut its hours in recent years. If anyone has insight on this transaction, please get in touch.

And here's one more interesting detail: The property was assessed at $710,000 in 2007.

Here's all of the property transfers from last week.