Ken Huang Acquires $34.4M Senior Note Secured By RKO Keith’s Site In Flushing, Queens

The asset involved in this transaction is a senior note with a sale price of $34,400,000, secured by the RKO Keith’s site located at 135-27 Northern Boulevard in Flushing, Queens. The transaction closed on August 5, 2026, and represents a notable financial movement in the area. The property is part of the note/loan asset type under current market conditions.

Summary of transaction details:

• Property Type: Note / Loan
• Transaction Amount: $34,400,000
• Lender: Maverick Real Estate Partners
• Landlord: Ken Huang
• Location: 135-27 Northern Boulevard, Flushing, Queens
• Transaction Date: 08/05/2026

Ken Huang, through Northern Blvd Lender LLC, acquired the senior note from Maverick Real Estate Partners. This transaction indicates a structured financial deal involving key industry players in real estate financing, highlighting the continuing activity in the loan market within Flushing. The deal centers around significant asset backing from Xinyuan Real Estate and Xin Development Group International.