113-16 70 Road

Forest Hills, Queens

Parcel ID (BBL): 4022480230

Acquired: June 09, 2021, $23.7 million

Debt: December 29, 2025, $90 million

Built: 2025

Renovated: 2025

SF: 219,922

Dwelling units: 241

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 13

Legacy BBLs: 4022480228.00000000

• RJ Capital Holdings borrowed $90 million from Madison Realty Capital for 70-28 Grand Central Parkway, Forest Hills, Queens on December 29, 2025.

• RJ Capital Holdings borrowed $18 million from Valley National Bank for 70-28 Grand Central Parkway, Forest Hills, Queens on August 01, 2022.

• Jasper Venture Group sold N/A Grand Central Parkwa, Forest Hills, Queens for $23.7 million to Top Rock Holdings on June 09, 2021.

• RJ Capital Holdings filed new building job Q01018744 for 191,568 sqft R-2 building with 241 apartments in Forest Hills, Queens, on March 18, 2024.

• Ibraim Redza filed alteration job Q01320428 for 249,262 sqft building with 241 apartments in Forest Hills, Queens, on November 18, 2025.

• Ibraim Redza filed alteration job Q01214163 for 1,000 sqft building with 0 apartments in Forest Hills, Queens, on October 10, 2025.

• Ibraim Redza filed alteration job Q01214096 for 1,000 sqft building with 0 apartments in Forest Hills, Queens, on October 10, 2025.

• Ibraim Redza filed alteration job Q01214079 for 1,000 sqft building with 0 apartments in Forest Hills, Queens, on October 02, 2025.

• Rudolf Abramov filed alteration job Q01065590 for 1 sqft 51 building with 0 apartments in Forest Hills, Queens, on June 17, 2024.

• Rudolf Abramov filed plans CD250063 on February 24, 2025 for 318-unit condominium called Central at 70-28 Grand Central Parkway.

According to city public data, the properties have received $12,560 in ECB penalties and $7,560 in OATH penalties in the last year.

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