Mohamed Yassin borrows $6M from New York Community Bank for property acquisition in Queens Village

Mohamed Yassin through the entity Hillside Garden Estate, LLC as borrower signed an acquisition loan agreement with lender New York Community Bank valued at $5.5 million for 3 parcels, including the tax class garden apartments/mobile home park/trailer park (C9) and containing 36 residential units at 213-21 Hillside Avenue, Hillside Avenue, 212-45 Hillside Avenue in Queens Village. The deal closed on June 9, 2020 and was recorded on June 23, 2020.
The property has 29,475 square feet of built space and available development rights.
The average loan per unit is $153,472.

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