Columbus 104 LLC obtained financing of $6M from Flushing Bank

Columbus 104 LLC as borrower signed a loan agreement with lender Flushing Bank valued at $5.5 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 39 residential units at 42-70 156 Street in Flushing. The deal closed on August 09, 2019 and was recorded on August 20, 2019.
The property contains a total of 31,603 square feet of built space.
The average loan per unit is $141,026.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $342,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link