PARAMOUNT ESTATES, LLC obtained financing of $6M from ITRIA VENTURES LLC

PARAMOUNT ESTATES, LLC as borrower signed a loan agreement with lender ITRIA VENTURES LLC valued at $5.8 million for 1 parcel, including the tax class miscellaneous (H9) at 256-15 Jamaica Avenue in Floral Park. The deal closed on November 29, 2018 and was recorded on July 12, 2019.
The property contains a total of 13,075 square feet of built space.
The average loan per buildable square foot is $444.
The last time the property sold was November 29, 2018, for $7,850,000.

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

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