Updated May 19, 2026
Forest Hills Jewish Center Secures $18 Million Loan From Valley National Bank For Property
106-06 Queens Boulevard
$18,000,000
$265/SF
Building Size
67,780 SF
Asset Type
Special Purpose
Closing
Apr 20, 2026
About this deal
AI
No summary available.
The special purpose loan at 106-06 Queens Boulevard in Forest Hills, New York financed for $18M in 2026. The building is 67,780 square feet, implying about 265 per square foot on the published price. Named participants on the 106-06 Queens Boulevard loan are Gary Kerzner. This page is the Forest Hills, New York file for the 106-06 Queens Boulevard special purpose financed: pricing, party profiles, and other closed special purpose comps from the same Forest Hills sit in the Market section below. Filter that Forest Hills special purpose set by closing date to see what else financed near 106-06 Queens Boulevard around 2026. Published consideration for 106-06 Queens Boulevard is $18M, dated 2026. Cite this Forest Hills Jewish Center Secures $18 Million Loan From Valley National Bank For Property loan when underwriting similar special purpose product around Forest Hills, New York.
Players
Forest Hills Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93