Eastern Union Brokers Secure $10M Loan For Development Site At 113-02 Atlantic Avenue, Richmond Hills, Queens

113-02 Atlantic Avenue, a development site located in Richmond Hills, Queens, has recently undergone a loan transaction. The loan was provided by S3Capital to facilitate the construction of a new project on the site. The property is zoned as R6A and C2-3, allowing for various development opportunities.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $10,000,000
• Loan Lender: S3Capital
• Landlord: Kamaljit Singh
• Brokers: Motti Blau & Mendy Pfeifer – Eastern Union

The key individuals and companies involved in this deal include Motti Blau and Mendy Pfeifer from Eastern Union, who represented the buyer and seller respectively. Kamaljit Singh acted as the landlord for the property. They were responsible for facilitating the loan and ensuring a successful transaction.