Oksana Poltilova borrows $10.6M for retail in Forest Hills

September 17, 2020 7:32 am

Oksana Poltilova through the entity 5 Continental Ventures LLC as borrower signed a loan agreement with lender AP Funding LLC valued at $10.6 million for 2 parcels, including the tax class two-story or store and office (K2) at 107-29 71st Avenue, 107-27 71st Avenue in Forest Hills. The deal closed on September 11, 2020 and was recorded on September 16, 2020.
The property has 12,675 square feet of available development rights.
The average loan per buildable square foot is $514.
Oksana Poltilova and Riva Musheyev were listed as “key principals” of the borrower.

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

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