Updated Jul 23, 2026
Valley National Bank Provides $24.8M Refinance Loan For Queens Village Multifamily Property
94-03 222nd Street, Queens, New York 11428, United States
$24,800,000
$160,000/SF
Building Size
155 SF
Asset Type
MultiFamily
Closing
Aug 12, 2022
About this deal
AI
The multifamily property located at 94-03 222nd Street & 93-45 222nd Street in Queens Village has recently undergone a loan refinance transaction. The property spans a total of 155,937 square feet.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $24,800,000
- Address: 94-03 222nd Street & 93-45 222nd Street
- Market: Queens Village
The loan refinance was provided by Valley National Bank, with Jeff Puchin and Victor Brown representing the lender. The landlords of the property are Moshe Greenzweig and Juda Stern.
On the Map
$24,800,000
$160,000/SF
MultiFamily
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Players
Queens Village MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93