Estate of Fazlur Khan borrows $8M from Dime Community Bank for multifamily property in Astoria

THE Estate of Fazlur Khan as borrower signed a loan agreement with lender Dime Community Bank valued at $8 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 41 residential units at 33-09 31st Avenue in Astoria. The deal closed on May 1, 2020 and was recorded on June 18, 2020.
The property contains a total of 30,000 square feet of built space.
The average loan per unit is $194,142.

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