Green Group Refinances Elmhurst Office Building At 41-12 77th Street For $4.5M With Lion Fox Partners

An office building located at 41-12 77th Street in Elmhurst, Queens, features a total square footage of 10,429. The current loan for the property is valued at $4,500,000, and this transaction is categorized as a refinance.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $4,500,000
• Loan Type: Refinance
• Lender: Ari Schwartz - Lion Fox Partners
• Landlord: Jamil Uddin - Green Group

The refinance replaces a previous loan amounting to $2,800,000 that was secured from Cathay Bank for the same property, reflecting the ongoing financial activities of Green Group in managing its real estate assets.