Jamaica Towers cooperative

Jamaica Towers cooperative portfolio

$29.2 million* – D4 100%; Queens 100%, Manhattan 0%

1346th largest portfolio by dollar value

363,601 sqft – D4 100%;

798th largest by SF

2 properties – Queens 100%, Manhattan 0%

3032th largest

358 residential units – Queens 100%, Manhattan 0%

575th largest by residential units

Top Ten Associated Companies:

National Cooperative Bank (1)

Recent activity as company:

Jamaica Towers cooperative borrowed $12 million from National Cooperative Bank for 89-15 Parsons Boulevard and 160-10 89th Avenue, Jamaica, Queens on August 16, 2022.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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