S3 Capital Provides $20M Construction Loan For Astoria Multifamily Development | 31-61 Vernon Boulevard & 11-24 31st Drive | S3 Capital | Elliot Levy, Yossi Koschitzki, Isaac Filler | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

A construction loan in the amount of $20,000,000 was secured for a multifamily property in Astoria, Queens. The property, located at 31-61 Vernon Blvd. & 11-24 31st Drive, consists of 102 units. The loan was provided by S3 Capital, with Robert Schwartz representing the lending institution.

Summary of Transaction Details

Property Type: Multifamily
Transaction Amount: $20,000,000
Address: 31-61 Vernon Blvd. & 11-24 31st Drive, Astoria, Queens
Units: 102

The landlord of the property is Zisha Twersky. The deal was facilitated by brokers Isaac Filler, Yossi Koschitzki, and Elliot Levy of Meridian Capital Group. They represented the interested parties in the transaction, ensuring a smooth process.

Players

All
6

Agents
3
Agencies
2
Lenders
1

$105.4M Sold

$105.4M Sold

$221.9M Sold

Meridian Capital Group

Filler Capital

S3 Capital

Details

Deal Summary

FINANCED

IMAGE: Robert Schwartz, Yossi Koschitzki, Isaac Filler & Elliot Levy DATE: 10/25/2021 ADDRESS: 31-61 Vernon Blvd. & 11-24 31st Drive MARKET: Astoria, Queens ASSET TYPE: Multifamily ~ UNITS: 102 LENDER: S3 Capital - Robert Schwartz LANDLORD: Zisha Twersky BROKERS: Isaac Filler, Yossi Koschitzki & Elliot Levy - Meridian Capital Group LOAN AMOUNT: $20,000,000 LOAN TYPE: Construction loan

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Address31-61 Vernon Boulevard & 11-24 31st Drive

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