Benefit Street Partners Provides $31.75M Refinance Loan For Long Island City Multifamily Asset

The asset involved in this transaction is a multifamily property located at 46-06 11th Street in the Long Island City market, consisting of 59 units. The refinance loan amount secured for this property is $31,750,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,750,000
• Lender: Benefit Street Partners
• Brokers: Drew Fletcher & Bryan Grover - Greystone
• Loan Type: Refinance
• Date of Transaction: 11/14/2025

Drew Fletcher and Bryan Grover from Greystone acted as the brokers representing the transaction for this multifamily property, facilitating the refinance process with Benefit Street Partners as the lender.