Alden Realty Enterprises Inc obtained financing of $8M from The Berkshire Bank

Alden Realty Enterprises Inc as borrower signed a loan agreement with lender The Berkshire Bank valued at $8.0 million for 1 parcel, including the tax class miscellaneous (K9) at 92-23 165 Street in Jamaica. The deal closed on July 30, 2019 and was recorded on August 08, 2019.
The property contains a total of 124,172 square feet of built space. The property has 91,435 square feet of available development rights.
The average loan per buildable square foot is $64.

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