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37 11 35th Avenue

Aaron Kurlansky Of Sheridan Capital Provides $20 Million Refinance Loan For Retail Property In Astoria
FINANCEDRetail

Aaron Kurlansky Of Sheridan Capital Provides $20 Million Refinance Loan For Retail Property In Astoria

37 11 35th Avenue

$20,000,000

Building Size

Asset Type

Retail

Closing

Jul 24, 2025

AI

The property asset involved in this transaction is a retail space located at 37-11 35th Avenue in Astoria. It has a loan amount of $20,000,000, which is part of a refinance loan type.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $20,000,000
  • Loan Type: Refinance
  • Lender: Aaron Kurlansky - Sheridan Capital
  • Transaction Date: 7/25/2025
  • Market: Astoria

The key individual in this transaction is Aaron Kurlansky, who represents Sheridan Capital as the lender involved in the refinancing of the retail property.

Players

Aaron Kurlansky

Sheridan Capital

Lender

$588.1M

vol

20 deals

Lender
Sheridan Capital
Sheridan CapitalLender

Long Island City Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93