Lions Group Acquires Multifamily Property On Broadway In Astoria, Queens

The property involved in this closed transaction is a multifamily asset located at 14-01 Broadway in Astoria, Queens. The property consists of 82 units and the loan amount for the transaction was $37,050,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $37,050,000
• Address: 14-01 Broadway, Astoria, Queens
• Market: Astoria, Queens
• Lender: Fannie Mae
• Landlord: Lions Group – Shirian Family
• Brokers: Greystone Capital Advisors – Drew Fletcher, Matthew Klauer, Bryan Grover

Fannie Mae provided the loan for this transaction. The Lions Group, specifically the Shirian Family, were the landlords of the property. The deal was facilitated by the brokers from Greystone Capital Advisors, namely Drew Fletcher, Matthew Klauer, and Bryan Grover.