Rajmattie Persaud obtained financing of $17M from Natixis Real Estate Capital

Rajmattie Persaud through the entity 590-600 One Realty Corp. as borrower signed a loan agreement with lender Natixis Real Estate Capital LLC valued at $16.5 million for 2 parcels, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 106 residential units at 71-05 37 Avenue, 71-11 37 Avenue in Jackson Heights. The deal closed on August 09, 2019 and was recorded on August 15, 2019.
The property contains a total of 85,856 square feet of built space.
The average loan per unit is $155,660.
The last time the property sold was March 24, 2017, for $31,500,000.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $150,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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