Jeff T. Blau Of Related Companies Secures $92.4 Million Refinance Loan From Deutsche Bank
32-02 Queens Boulevard
$92,400,000
Building Size
—
Asset Type
Condo
Closing
Aug 20, 2026
About this deal
AI
Four commercial condo units are involved in the refinancing transaction located at 32-02 Queens Boulevard in Long Island City. The total square footage of these units is 273,020 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $92,400,000
- Lender: Deutsche Bank
- Landlord: Jeff T. Blau - Related Companies
- Loan Type: Refinance
Jeff T. Blau, representing Related Companies, is the key individual in this refinancing transaction, facilitating the $92.4 million loan to secure the commercial condo units.
The condo loan at 32-02 Queens Boulevard in Borrego Springs, New York financed for $92.4M in 2026. 32-02 Queens Boulevard is classified as Condo on Traded. Named participants on the 32-02 Queens Boulevard loan are Jeff T. Blau. This page is the Borrego Springs, New York file for the 32-02 Queens Boulevard condo financed: pricing, party profiles, and other closed condo comps from the same Borrego Springs sit in the Market section below. Filter that Borrego Springs condo set by closing date to see what else financed near 32-02 Queens Boulevard around 2026. Published consideration for 32-02 Queens Boulevard is $92.4M, dated 2026. Cite this Jeff T. Blau Of Related Companies Secures $92.4 Million Refinance Loan From Deutsche Bank loan when underwriting similar condo product around Borrego Springs, New York.
On the Map
$92,400,000
Condo
View full map
Players
Borrego Springs Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
Loading comparables…
Deal FAQ
Browse Borrego Springs condo loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93