Updated Oct 5, 2026
FINANCEDNursing Home
Chaim Klein Refinances Elm York Nursing Facility In East Elmhurst For $9.5M With Citizens Bank
100-30 Ditmars Boulevard
$9,500,000
$142/SF
Building Size
66,462 SF
Asset Type
Nursing Home
Closing
Sep 24, 2026
About this deal
AI
The asset involved in this transaction is a nursing home located at 100-30 Ditmars Boulevard in East Elmhurst, Queens. The property encompasses a total square footage of 66,462. The loan transaction was a refinance, amounting to $9,500,000.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $9,500,000
- Address: 100-30 Ditmars Boulevard
- Market: East Elmhurst, Queens
- Lender: Citizens Bank
- Landlord: Chaim Klein
- Loan Type: Refinance
This refinancing of the Elm York skilled nursing facility was executed with the involvement of Citizens Bank as the lender. Chaim Klein is the landlord associated with this property, indicating his role in the transaction.
On the Map
$9,500,000
$142/SF
Nursing Home
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Players
Citizens BankLender
East Elmhurst Nursing Home Market Snapshot
Boundary boundary · Nursing Home · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93