Ricky Liang borrows $7M from Cathay Bank for property in Flushing

Ricky Liang through the entity Flushing Hill Realty LLC as borrower signed a loan agreement with lender Cathay Bank valued at $6.7 million for 1 parcel, including the tax class commercial condominium unit (R5) at 133-53 37th Avenue in Flushing. The deal closed on September 18, 2019 and was recorded on September 27, 2019.
The property contains a total of 7,636 square feet of built space.
The average loan per buildable square foot is $872.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 46 residential (or hotel) units on February 9, 2016.

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

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