40-12 Main Street, LLC obtained financing of $6M from East West Bank

40-12 Main Street, LLC as borrower signed a loan agreement with lender East West Bank valued at $5.7 million for 1 parcel, including the tax class one-story store building (K1) at 40-12 Main Street in Flushing. The deal closed on July 19, 2019 and was recorded on July 31, 2019.
The property contains a total of 7,594 square feet of built space. The property has 4,469 square feet of available development rights.
The average loan per buildable square foot is $751.
The last time the property sold was October 21, 2009, for $6,000,000.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Share this article