Jaspinder Sandhu Refinances Jamaica Hotel With $21.5M Loan From Amalgamated Bank

The hotel building located at 104-16 Tuckerton Street in Jamaica, Queens, with a size of 61,467 square feet and 96 keys, was subject to a $21.5 million refinance loan secured by Jaspinder Sandhu's entity, Liberty Tuck Ny LLC, from Amalgamated Bank.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $21,500,000
• Address: 104-16 Tuckerton Street
• Market: Jamaica, Queens
• Lender: Amalgamated Bank - Jacob Nimmer
• Landlord: Jaspinder Sandhu

The refinance loan for the hotel building at 104-16 Tuckerton Street was facilitated by Amalgamated Bank, with Jacob Nimmer representing the lender. Jaspinder Sandhu, the landlord, secured this financial transaction through their entity, Liberty Tuck Ny LLC, highlighting a significant financial commitment in the real estate market of Jamaica, Queens.