Keystone Equities Provides $84 Million Refinance Loan For Multifamily Asset In Astoria
11 14 35th Avenue
$84,000,000
$466/SF
Building Size
180,000 SF
Asset Type
MultiFamily
Closing
Jan 22, 2026
AI
This multifamily property, located at 11-14 35th Avenue in Astoria, features a total of 180,000 square feet and comprises 165 units. The property has recently undergone refinancing with a loan amount of $84,000,000. The transaction is part of the growing multifamily market in Astoria.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $84,000,000
- Address: 11-14 35th Avenue
- Market: Astoria
- Square Footage: 180,000
- Units: 165
- Lender: Jonathan Zamir & Carter Golgart - Keystone Equities
- Landlord: The Vaja Group
- Loan Type: Refinance
Jonathan Zamir and Carter Golgart from Keystone Equities facilitated the refinancing process. Keystone Equities has executed over $600 million in credit transactions in the past 24 months, focusing on transitional business plans and time-sensitive executions, while expanding their lending operations across the nation.
Players
New York 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
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93