Jemco Properties Acquires Retail Loan In Queens For $2.5M From @HakimianCapital

Located at 109-01 to 109-15 Liberty Ave in Queens, New York City, this retail property has recently closed a transaction. The property is situated in a bustling neighborhood and offers great potential for businesses. The purchase price for this asset was $3,850,000, and the total loan amount for the transaction was $2,500,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,500,000
• Address: 109-01 to 109-15 Liberty Ave
• City: New York City
• Neighborhood: Queens
• Purchase Price: $3,850,000

The buyer, Jemco Properties, represented by David Yeroshalmi, successfully acquired this retail property. For the financing of this transaction, @HakimianCapital, represented by Daniel Nadri, Sammy Hakimian, and Michael Hakimian, provided the necessary loan.