184-60 Jamaica Avenue

Owner: Kabr Group

Acquired: April 06, 2022, $73.5 million

Debt: June 18, 2024, $55.3 million

Built: 1910

SF: 287,240

Dwelling units: 0

No. of buildings: 1

Class: Fireproof (E1)

Floors: 5

Transactions:

• KABR Group borrowed $55.3 million from ACORE Capital for 184-60 Jamaica Avenue and 184-10 Jamaica Avenue, Hollis, Queens on June 18, 2024.

• Artemis Real Estate Partners sold 184-60 Jamaica Avenue and 184-10 Jamaica Avenue, Hollis, Queens for $73.5 million to KABR Group and FCA-Orbita Group on April 06, 2022.

• KABR Group and FCA-Orbita Group borrowed $61.3 million from KKR & Co. for 184-60 Jamaica Avenue and 184-10 Jamaica Avenue, Hollis, Queens on April 06, 2022.

Development:

• Moshe Steinberg filed plans for alteration in Hollis, Queens, on April 07, 2025.

• Pasquale Montemarano filed plans for alteration in Hollis, Queens, on October 03, 2024.

• Pasquale Montemarano filed plans for alteration in Hollis, Queens, on August 06, 2024.

• Moshe Steinberg filed plans for alteration in Hollis, Queens, on January 30, 2024.

• William Knight filed plans for alteration in Hollis, Queens, on July 02, 2018.

Violations:

According to city public data, the properties have received two DOB violations and $1,000 in OATH penalties in the last year.

Latest Stories:

• KABR signs $55.3M senior refi with Acore for industrial in Hollis, part of $69.1M loan package (June 19, 2024)

• KABR, FCA-Orbita pay $73.5M to Artemis for industrial in Hollis (April 07, 2022)