208 Beach 108 Street

Owner: Alma Realty

Debt: January 09, 2026, $92.5 million

Built: 1963

SF: 293,677

Dwelling units: 265

No. of buildings: 1

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 13

Transactions:

• Alma Realty borrowed $92.5 million from Deutsche Bank for 107-10 Shore Front Parkway, 106-10 Shore Front Parkway, and 106-20 Shore Front Parkway, Rockaway Beach, Queens on January 09, 2026.

Development:

• Efstathios Valiotis filed plans for alteration in Rockaway Beach, Queens, on July 06, 2005.

• Efstathios Valiotis filed plans for A3 in Rockaway Beach, Queens, on March 16, 2016.

• Efstathios Valiotis filed plans for alteration in Rockaway Beach, Queens, on May 02, 2012.

• Efstathios Valiotis filed plans for alteration in Rockaway Beach, Queens, on July 30, 2004.

• Efstathios Valiotis filed plans for alteration in Rockaway Beach, Queens, on September 09, 2011.

Violations:

According to city public data, the properties have received four housing violations and $2,050 in OATH penalties in the last year.

Latest Stories:

• John Mavroudis’s Alma Realty borrows $107M from New York Community Bank for multifamily property in Rockaway Park (December 02, 2019)