FINANCEDSpecial Purpose
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
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No summary available.
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