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JLL Brokers $90M Loan For Mixed-Use Property In Jackson Heights

71-17 Roosevelt Avenue
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This Mixed-use property located in CA received a loan of $90,000,000 almost 4 years ago. The brokers of the deal were Steven (Steve) Klein, Geoff Goldstein, and Jeffrey (Jeff) Julien

Roosevelt Parc, located at 71-17 Roosevelt Avenue in Jackson Heights, Queens, has recently undergone a closed transaction. The mixed-use property, spanning 279,630 square feet, consists of 154 units. The transaction involved a loan amount of $90,000,000 from Principal Life.

Summary of Transaction Details:

  • Property Type: Mixed-use
  • Transaction Amount: $90,000,000
  • Address: 71-17 Roosevelt Avenue, Jackson Heights, Queens
  • Square Footage: 279,630
  • Units: 154

JLL, represented by Geoff Goldstein, Steve Klein, and Jeff Julien, served as the brokers in this transaction.

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Deals
  • Location
    71-17 Roosevelt Ave, Jackson Heights, NY 11372, USA71-17 Roosevelt Ave, Jackson Heights, NY 11372, USA
  • Loan Value
    $90,000,000$90,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Steven (Steve) Klein

Steven (Steve) Klein

Deals29
Financed$2.1B

Geoff Goldstein

Geoff Goldstein

Deals39
Financed$6B

Jeffrey (Jeff) Julien

Jeffrey (Jeff) Julien

Deals41
Financed$5.3B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Deal Summary

IMAGE: Geoff Goldstein, Steve Klein & Jeff Julien DATE: 05/11/2020 ADDRESS: 71-17 Roosevelt Avenue (Roosvelt Parc) MARKET: Jackson Heights, Queens ASSET TYPE: Mixed-use LENDER: Principal Life BROKERS: Geoff Goldstein, Steve Klein, Jeff Julien – JLL LOAN AMOUNT: $90,000,000 SF: 279,630 UNITS: 154

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71-17 Roosevelt Avenue

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