Yeshiva Har Torah borrows $5M from Temple Torah for property in Little Neck

Yeshiva Har Torah as borrower signed a loan agreement with lender Temple Torah of Little Neck valued at $5 million for 2 parcels, including the tax class church, synagogue, chapel (M1) at 54-27 Little Neck Parkway in Little Neck. The deal closed on June 12, 2020 and was recorded on June 19, 2020.
The property contains a total of 26,989 square feet of built space.

This is a purchase money mortgage.

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 $30,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link