FINANCED
Steven Li's Grosvenor Realty Group II LLC Refinances Multifamily Building In Kew Gardens For $16M With Popular Bank
82-77 116th Avenue
MultiFamily
55,200 SF
55,200 SF
Financed 106 days ago
Summary
Loan
NEW YORK
MultiFamily
55,200 sqft
Steven Li, through Grosvenor Realty Group II LLC, closed a $16 million refinancing deal with Popular Bank for a 55-unit residential elevator building at 82-77 116th Street in Kew Gardens, Queens. The property is a multifamily asset with 55,200 square feet of space. It is located in the Kew Gardens market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $16,000,000
- Address: 82-77 116th Avenue
- Market: Kew Gardens, Queens
- Square Footage: 55,200
- Units: 55
- Lender: Dean Saltzman - Popular Bank
- Landlord: Steven Li
- Loan Type: Refinance
Dean Saltzman, representing Popular Bank, provided the $16 million loan for the refinancing deal. Steven Li, the landlord, closed the transaction through his company Grosvenor Realty Group II LLC.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Steven Li
DATE: 12/22/2023
ADDRESS: 82-77 116th Avenue
MARKET: Kew Gardens, Queens
ASSET TYPE: Multifamily ~ SF: 55,200 ~ UNITS: 55
LENDER: Dean Saltzman - Popular Bank (@PopularBank)
LANDLORD: Steven Li
LOAN AMOUNT: $16,000,000
LOAN TYPE: Refinance
NOTE: Steven Li, through Grosvenor Realty Group II LLC, closed a $16 million refinancing deal with Popular Bank for a 55-unit residential elevator building at 82-77 116th Street in Kew Gardens, Queens.View on map
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Address82-77 116th Avenue
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