Alma Realty borrows $6.3M from Signature Bank to buy property in Woodside

Alma Realty through the entity Luckey Platt Equities, LLC as borrower signed a loan agreement with lender Signature Bank valued at $6.3 million to purchase 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 77 residential units at 39-30 59th Street in Woodside. The deal closed on July 29, 2020 and was recorded on August 12, 2020.
The property contains a total of 52,290 square feet of built space.
The average loan per unit is $81,818.
This was an acquisition loan.

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