East West Bank & Urban Standard Capital Provide $15.76M Loan For Roosevelt Avenue And Ash Avenue Properties In Queens

8401 Roosevelt Avenue, Queens, NY, USA

$15,760,000

$508/SF

Building Size

31,000 SF

Asset Type

Development Site

Closing

Dec 11, 2018

AI

The property involved in the transaction is located at 8401-8429 Roosevelt Avenue & 140-175 Ash Avenue in Queens. The market in which this property is situated is Queens. The loan amount for this transaction was $15,760,000, and the total square footage of the property is 31,000.

Summary of transaction details

Property Type: Not specified
Transaction Amount: Not specified
Lender: East West Bank & Urban Standard Capital - Seth Weissman
Landlord: Good Hope Development - Henry Zheng
Broker: John Leslie & Patrick Rhea - Eastern Consolidated

The key individuals and companies involved in this transaction include Benjamin Barasch, John Leslie, Robert Rynarzewski, Seth Weissman, and Henry Zheng. The lending institutions involved are East West Bank and Urban Standard Capital. The brokers representing the parties in this deal are John Leslie and Patrick Rhea from Eastern Consolidated.

Players