71-61 159 Street
Flushing, Queens
Parcel ID (BBL): 4067970079
Owner: Marx Development Group
Debt: March 25, 2026, $9.3 million
Built: 2000
Renovated: 2002
SF: 165,906
Dwelling units: 204
No. of buildings: 1
Class: Adult Care Facility (I7)
Floors: 7
Legacy BBLs: 4067970030
Transactions:
• Marx Development Group borrowed $9.3 million from Tel Aviv Stock Exchange bondholders for 71-61 159th Street and 636 Louisiana Avenue, Flushing, Queens on March 25, 2026.
• Marx Development Group borrowed $76.8 million from Tel Aviv Stock Exchange bondholders for 71-61 159th Street and 636 Louisiana Avenue, Flushing, Queens on April 03, 2025.
• Marx Development Group borrowed $51.5 million from Capital Funding Group for 71-61 159th Street, Flushing, Queens on March 18, 2021.
Development:
• David Marxging filed new building job 401305039 for J-2 building with 204 apartments in Flushing, Queens, on September 25, 2001.
• Marx Development Group filed major alteration job Q01366228 for 152,223 sqft 65 building with 204 apartments in Flushing, Queens, on March 13, 2026.
• David Marx filed major alteration job 440622328 for 793,675 sqft I-1 building with 204 apartments in Flushing, Queens, on August 28, 2020.
• David Marx filed alteration job Q00512322 for 2,822 sqft I-1 building with 204 apartments in Flushing, Queens, on June 07, 2021.
• David Marx filed alteration job Q00510592 for 2,822 sqft I-1 building with 204 apartments in Flushing, Queens, on June 02, 2021.
• Adam Muskatt filed alteration job Q00274275 for 100 sqft B building with 204 apartments in Flushing, Queens, on December 23, 2019.
• Adam Muskatt filed alteration job Q00029752 for building with 0 apartments in Flushing, Queens, on April 17, 2018.
Violations:
According to city public data, the properties have received $650 in OATH penalties in the last year.