Coronet Eleven Kew Gardens Co., L.P. obtained financing of $5M from Apple Bank For Savings

Coronet Eleven Kew Gardens Co., L.P. as borrower signed a loan agreement with lender Apple Bank For Savings valued at $5.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 84 residential units at 135-30 82 Drive in Briarwood. The deal closed on August 12, 2019 and was recorded on August 22, 2019.
The property contains a total of 69,384 square feet of built space. The property has 21,129 square feet of available development rights.
The average loan per unit is $59,524.

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