Samson Management borrows $22M from Capital One for multifamily property in Flushing

Samson Management through the entity Buckingham Associates LLC as borrower signed a loan agreement with lender Capital One valued at $22.2 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 208 residential units at 144-67 41st Avenue in Flushing. The deal closed on December 20, 2019 and was recorded on January 29, 2020.
The property contains a total of 200,548 square feet of built space.
The average loan per unit is $106,490.

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 $175,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link