Blumenfeld Development Group Refinances Jackson Heights Retail Property For $22.5M

71-01 & 72-15 25th Avenue

Retail

132,944 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Retail

132,944 sqft

The property involved in this transaction is a retail asset located at 71-01 & 72-15 25th Avenue in Jackson Heights. It has a total square footage of 132,944 and is owned by the Blumenfeld Development Group.

Summary of transaction details

Property Type: Retail
Transaction Amount: $22,500,000
Loan Type: Refinance

The lender for this transaction is the NYS Common Retirement Fund. Edward Blumenfeld, representing the Blumenfeld Development Group, was the landlord in this deal.

Players

All
1

Lenders
1

New York State Common Retirement Fund

Details

Deal Summary

FINANCED

IMAGE: Edward Blumenfeld DATE: 04/27/2022 ADDRESS: 71-01 & 72-15 25th Avenue MARKET: Jackson Heights ASSET TYPE: Retail ~ SF: 132,944 LENDER: NYS Common Retirement Fund LANDLORD: Blumenfeld Development Group LOAN AMOUNT: $22,500,000 LOAN TYPE: Refinance

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Address71-01 & 72-15 25th Avenue

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