Bayport Funding Provides $4M Loan For Development Site In Ozone Park, Queens

A $4 million acquisition and construction loan has been granted by Bayport Funding to aid the development of a four-story mixed-use building in Ozone Park, Queens. The loan will support the acquisition and construction of the property, allowing for the realization of this development project.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,000,000
• Lender: Bayport Funding - Marcia Kaufman

Bayport Funding, represented by Marcia Kaufman, has provided the necessary financial support for the development of the four-story mixed-use building in Ozone Park, Queens. This loan will facilitate the acquisition and construction process, allowing for the transformation of the property into a vibrant and useful development for the local community.