Yitzchok Katz Of Goose Property Management Secures $96.5 Million Refinance Loan For Multifamily Asset

Two residential elevator buildings located at 32-03 39th Avenue and 31-11 39th Avenue in Long Island City, Queens, consist of a total of 193 units. The asset falls under the multifamily category and was involved in a refinance loan transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $96,500,000
• Lender: Berkadia Commercial Mortgage
• Landlord: Yitzchok Katz - Goose Property Management
• Loan Type: Refinance
• Loan Date: 08/07/2025
• Market: Long Island City, Queens

Yitzchok Katz’s 39th Ave Holdings 1 LLC is the entity responsible for securing the refinance loan from Berkadia for the mentioned properties, facilitating the financial restructuring for the landlord’s holdings in the area.