facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

11 14 35th Avenue

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

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

Loading comparables…

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