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Bronstein Properties Refinances Multifamily Portfolio In Flushing, Gravesend, Briarwood & Kew Gardens For $36.6M

140-02 Franklin Avenue; 1780 West 3rd Street; 135-16 82nd Avenue & 85-25 120th Street
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This MultiFamily property located in NY received a loan of $36,582,136 over 1 year ago. The broker of the deal was James Miller

A multifamily property located at 140-02 Franklin Avenue in Flushing, 1780 West 3rd Street in Gravesend, 135-16 82nd Avenue in Briarwood, and 85-25 120th Street in Kew Gardens has undergone a loan refinance. The loan amount for this transaction was $36,582,136. The lender for this refinance is New York Community Bank, represented by Alan L. Kaufman. The landlord of the property is Bronstein Properties, represented by Barry Rudofsky. The property is situated in a market that encompasses Flushing, Gravesend, Briarwood, and Kew Gardens.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $36,582,136
  • Lender: New York Community Bank - Alan L. Kaufman
  • Landlord: Bronstein Properties - Barry Rudofsky

This loan refinance was facilitated by New York Community Bank, with Alan L. Kaufman representing the bank in the deal. Bronstein Properties, led by Barry Rudofsky, served as the landlord for this multifamily property located in Flushing, Gravesend, Briarwood, and Kew Gardens market.

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Deals
  • Location
    140-02 Franklin Avenue, Queens, New York 11355, United States140-02 Franklin Avenue, Queens, New York 11355, United States
  • Loan Value
    $36,582,136$36,582,136
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

James Miller

James Miller

Deals1
Financed$36.6M

Agency

Sotheby's International Realty

Sotheby's International Realty

Agency
Deals1409
Volume$12.5B

New York Community Bank

New York Community Bank

Lender
Deals87
Volume$ 316.6B

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Deal Summary

LOAN IMAGE: Barry Rudofsky DATE: 10/17/2022 ADDRESS: 140-02 Franklin Avenue; 1780 West 3rd Street; 135-16 82nd Avenue & 85-25 120th Street MARKET: Flushing; Gravesend; Briarwood & Kew Gardens ASSET TYPE: Multifamily LENDER: New York Community Bank - Alan L. Kaufman LANDLORD: Bronstein Properties - Barry Rudofsky LOAN AMOUNT: $36,582,136 LOAN TYPE: Refinance

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140-02 Franklin Avenue; 1780 West 3rd Street; 135-16 82nd Avenue & 85-25 120th Street

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