87-57 166 Street

Owner: Zara Realty Holding

Debt: January 13, 2025, $47 million

Built: 1964

Renovated: 1988

SF: 123,914

Dwelling units: 130

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 13

Transactions:

• Zara Realty Holding borrowed $47 million from Customers Bank for 87-50 167th Street and 166-33 89th Avenue, Jamaica Hills, Queens on January 13, 2025.

Development:

• Mohammed Rahman filed plans for alteration in Jamaica Hills, Queens, on July 11, 2023.

• Anthony Subraj filed plans for alteration in Jamaica Hills, Queens, on October 28, 2022.

• Dalip Singh filed plans for alteration in Jamaica Hills, Queens, on August 26, 2022.

• Anthony Subraj filed plans for alteration in Jamaica Hills, Queens, on March 07, 2022.

• Nicole Reposa filed plans for alteration in Jamaica Hills, Queens, on July 22, 2021.

Violations:

According to city public data, the properties have received 10 housing violations in the last year.

Latest Stories:

• Zara Realty signs $47M refi for two rentals in Queens (January 15, 2025)

• Zara Realty borrows $54M from Northern Trust Company for property in Jamaica (December 28, 2020)