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Jin Yu Chen Secures $18M Loan For Flushing Condo From S3 Capital Partners

142-28 38th Avenue
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This property located in NY received a loan of $18,000,000 about 5 years ago. The broker of the deal was Adrian Edery

A condo located at 142-28 38th Ave in Flushing was involved in a recent transaction. The property, owned by Jin Yu Chen, received a loan of $18,000,000 from S3 Capital Partners. The loan was originated by Steven Jemal of S3 Capital Partners. The loan amount represents the financial support provided for this transaction. The condo spans across an area of 49,471 square feet, marking its size within the market of Flushing.

Summary of transaction details

Adrian Edery from Paradigm Commercial Real Estate represented the deal as the broker in this transaction. There were no additional details available regarding brokers or representatives involved in this deal.

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Deals
  • Location
    142-28 38th Avenue, Flushing, NY, USA142-28 38th Avenue, Flushing, NY, USA
  • Loan Value
    $18,000,000$18,000,000
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Adrian Edery

Adrian Edery

Deals22
Financed$282.9M

Agency

Paradigm Commercial Real Estate

Paradigm Commercial Real Estate

Agency
Deals33
Volume$390.7M

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Deal Summary

LOAN IMAGE: Adrian Edery, Robert Schwartz & Steven Jemal DATE: 01/22/2019 ADDRESS: 142-28 38th Ave MARKET: Flushing ASSET TYPE: Condo OWNER: Jin Yu Chen LENDER: S3 Capital Partners ORIGINATOR: Steven Jemal - [email protected] BROKER: Adrian Edery - Paradigm Commercial Real Estate LOAN AMOUNT: $18,000,000 SF: 49,471

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142-28 38th Avenue

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