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42-20 27th Street

The Landlord of 42-20 27th Street, Queens, New York 11101, United States received a loan for $105,000,000 on the Multi Family property.The deal closed 28 days ago.

  • Location image 42-20 27th Street, Queens, New York 11101, United States
  • Loan Value
    image $105,000,000
  • Asset Type image Multi Family
  • Area image 195,000 SF
  • Parties image,1 Lender
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Bethpage

Lender
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Comparables: 42-20 27th Street

Showing 4 of 20

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Price Icon $92,700,000

  • StatusLOAN
  • Date08/04/22
  • Address399 3rd Avenue, New York City, New York 10016, United States
  • Address399 3rd...
  • AssetMULTI FAMILY
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Price Icon $94,000,000

  • StatusLOAN, $468 PPSF
  • Date05/27/22
  • Address165 East 66th Street, New York City, New York 10065, United States
  • Address165 East...
  • AssetMULTI FAMILY
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Price Icon $97,000,000

  • StatusLOAN, $564 PPSF
  • Date07/07/22
  • Address411 West 35th Street, New York City, New York 10018, United States
  • Address411 West...
  • AssetMULTI FAMILY
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Price Icon $98,000,000

  • StatusLOAN, $837 PPSF
  • Date07/19/22
  • Address39 West 23rd Street, New York City, New York 10010, United States
  • Address39 West...
  • AssetMULTI FAMILY
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This Deal on Social

LOAN
DATE: 09/01/2022
ADDRESS: 42-20 27th St.
MARKET: Long Island City
ASSET TYPE: Multifamily ~ SF: 195,000 ~ UNITS: 202

LENDER: Bethpage Federal Credit Union (@LoveBethPage)
LANDLORD: Rabsky Group
BROKER: Vault Real Estate Group

LOAN AMOUNT: $105,000,000
LOAN TYPE: Refinance

NOTE FROM BROKER: $105,000,000 loan syndicated by Lillian Fried from Vault Real Estate Group & Robert Keil from Bethpage Federal Credit Union. Lillian Fried, a mortgage broker, with close to 20 years of experience, is known in the industry for syndicating large, complex transactions & working with multiple lenders to ensure certainty of execution. Robert Keil has been with Bethpage since 2013 as a Senior Commercial Relationship Manager that is responsible for the growth & development of the commercial real estate portfolio. To date, Robert has closed well over $1B in loans, & the subject deal has been the largest transaction Bethpage has done since the inception of the CRE Group. The combined efforts of both teams allowed for a smooth execution of a creatively structured deal.

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LOAN
DATE: 09/01/2022
ADDRESS: 42-20 27th St.
MARKET: Long Island City
ASSET TYPE: Multifamily ~ SF: 195,000 ~ UNITS: 202

LENDER: Bethpage Federal Credit Union (@LoveBethPage)
LANDLORD: Rabsky Group
BROKER: Vault Real Estate Group

LOAN AMOUNT: $105,000,000
LOAN TYPE: Refinance

NOTE FROM BROKER: $105,000,000 loan syndicated by Lillian Fried from Vault Real Estate Group & Robert Keil from Bethpage Federal Credit Union. Lillian Fried, a mortgage broker, with close to 20 years of experience, is known in the industry for syndicating large, complex transactions & working with multiple lenders to ensure certainty of execution. Robert Keil has been with Bethpage since 2013 as a Senior Commercial Relationship Manager that is responsible for the growth & development of the commercial real estate portfolio. To date, Robert has closed well over $1B in loans, & the subject deal has been the largest transaction Bethpage has done since the inception of the CRE Group. The combined efforts of both teams allowed for a smooth execution of a creatively structured deal.

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