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85-15 Queens Boulevard
FINANCED

Pi Capital Partners Secures $60M Loan For Residential New Development In Elmhurst, Queens

85-15 Queens Boulevard

Other
2,500,000 SF
Judah Neuman
Cary Pollack
the dealplayerscompscontact

Summary

Loan
NEW YORK
Other
2,500,000 sqft

The residential new development located at 85-15 Queens Boulevard in Elmhurst, Queens, New York has been involved in a closed transaction. The property spans 250,000 square feet and was developed by Pi Capital Partners.

Summary of transaction details:

  • Property Type: Residential New Development
  • Transaction Amount: $60,000,000
  • Address: 85-15 Queens Boulevard
  • Market: Elmhurst, Queens, New York

The loan for this transaction, amounting to $60,000,000, was provided by FirstRepublic with a five-year fixed-rate term. The brokers involved in this deal were Cary Pollack and Judah Neuman from Meridian Capital Group.

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Players

  • Agents

    2

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    1

Judah Neuman's profile picture
Judah Neuman
Meridian Capital Group-image
Vice President
$43.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: Judah Neuman and Cary Pollack DATE: 11/08/2018 ADDRESS: 85-15 Queens Boulevard MARKET: Elmhurst, Queens, New York ASSET TYPE: Residential New Development LENDER: @FirstRepublic DEVELOPER: Pi Capital Partners BROKERS: Cary Pollack and Judah Neuman @meridian.capital.group LOAN AMOUNT: $60,000,000 LOAN TERMS: Five-year, fixed-rate SF: 250,000

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Address85-15 Queens Boulevard

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