Located at 3007 Vernon Boulevard in Astoria, Queens, this development site was recently involved in a closed transaction. The property consists of a 67-unit condo building with 3 retail spaces and 33 parking spots. The loan amount for this project was $26,000,000. The transaction also included the involvement of lenders S3 Capital Partners, represented by Robert Schwartz and Andrew Yakubovich, and landlords Fucai Wang, Christina Chang, and Jonathan Chang.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $26,000,000
• Address: 3007 Vernon Boulevard, Astoria, Queens
• Market: Astoria, Queens

Roberts Schwartz and Andrew Yakubovich from S3 Capital Partners played a crucial role as lenders in this deal, providing the $26,000,000 loan for the development of the condo building. Fucai Wang, Christina Chang, and Jonathan Chang, the landlords of the property, facilitated the transaction. Together, these key individuals and companies contributed to the success of this closed transaction.