Ranchos 34 Realty, LLC obtained financing of $6M from People’s United Bank

Ranchos 34 Realty, LLC as borrower signed a loan agreement with lender People’s United Bank, National Association valued at $6.0 million for 1 parcel, including the tax class one-story store building (K1) at 34-12 35 Street in Astoria. The deal closed on August 01, 2019 and was recorded on August 08, 2019.
The property contains a total of 42,000 square feet of built space. The property has 28,000 square feet of available development rights.
The average loan per buildable square foot is $143.

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

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