Century Development Group Secures $38.2M Loan For Mixed-Use Property In Flushing

134-37 35th Avenue, Flushing, NY, USA

$38,200,000

$61,513/SF

Building Size

621 SF

Asset Type

Mixed-use

Closing

Feb 23, 2021

AI

A mixed-use property located at 134-37 35th Avenue in Flushing has been involved in a closed transaction. The property was owned by @CenturyDevelopmentGroup, represented by George Xu. The deal was facilitated by brokers Morris Betesh and Omar Ferreira from Meridian Capital Group. The transaction took place on 02/24/2021.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $38,200,000
Address: 134-37 35th Avenue
Market: Flushing

The loan obtained for this transaction amounted to $38,200,000, with full-term interest-only terms.

Morris Betesh and Omar Ferreira from Meridian Capital Group played a crucial role in the deal, representing the buyers and sellers involved in the transaction.

Players