FINANCED
Benefit Street Partners Provides $34M Acquisition Loan For Queens Retail Property
92-59 59th Avenue
Retail
202,383 SF
202,383 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Retail
202,383 sqft
The retail property located at 92-59 59th Ave. in Queens was involved in a recent closed transaction. The property spans across 204,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $34,000,000
- Address: 92-59 59th Ave., Queens
- Market: Queens
In this deal, the loan amount provided was $34,000,000 and the loan type was an acquisition loan. Benefit Street Partners acted as the lender in this transaction. The landlord of the property is Ashkenazy Acquisition Corp. Representing the buyer and seller in this deal were brokers Daniel Fromm, Dustin Stolly, and Jordan Roeschlaub from Newmark.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Dustin Stolly, Jordan Roeschlaub, Ben Ashkenazy & Daniel Fromm
DATE: 12/23/2021
ADDRESS: 92-59 59th Ave.
MARKET: Queens
ASSET TYPE: Retail ~ SF: 204,000
LENDER: Benefit Street Partners
LANDLORD: Ashkenazy Acquisition Corp.
BROKERS: Daniel Fromm (@Ddwb), Dustin Stolly & Jordan Roeschlaub (@JordyRoeschlaub) - Newmark (@Newmark)
LOAN AMOUNT: $34,000,000
LOAN TYPE: AcquisitionView on map
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Address92-59 59th Avenue
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