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Keystone Equities Provides $84 Million Refinance Loan For Multifamily Asset In Astoria

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FINANCED
$84,000,000

New York

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MultiFamily180,000 SF
Financed
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FINANCED

Keystone Equities Provides $84 Million Refinance Loan For Multifamily Asset In Astoria

11 14 35th Avenue

See Similar Deals
MultiFamily180,000 SF
Financed

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$466
Total Square Footage:180000 SF
Transaction Type:Loan

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.

Details

FINANCED
IMAGE: Jonathan Zamir DATE: 1/23/2026 ADDRESS: 11-14 35th Avenue MARKET: Astoria ASSET TYPE: Multifamily ~ SF: 180,000 ~ UNITS: 165 LENDER: Jonathan Zamir (@Jonny_Zamir) & Carter Golgart (@CarterGolgart) - Keystone Equities LANDLORD: The Vaja Group LOAN AMOUNT: $84,000,000 LOAN TYPE: Refinance NOTE FROM LENDER: Keystone Equities continues to scale its private credit platform with the closing of an $84 million bridge loan on a newly delivered multifamily asset in Astoria, Queens. Over the past 24 months, Keystone has executed more than $600 million in credit transactions across bridge and construction financings. The platform focuses on situations requiring higher-than-traditional bank proceeds, transitional business plans, time-sensitive execution, and thoughtful structuring. Keystone is actively expanding its lending footprint nationwide and remains focused on deploying capital in complex, execution-driven transactions. Brokers and sponsors with financing opportunities are encouraged to reach out. Carter Golgart Head of Acquisitions and Originations [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$84,000,000.00

Monthly NOI$560,000.00
Monthly Debt Service$530,937.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00