Retail Queens
Investment Highlights
Astoria 23rd Ave, single story commercial building (brick) 24x100 ft on irregular L-shaped lot 25x100, 30x50x70 ft (3,200 sf) R5D/ C1-3 zoning. commercial or residential development opportunity. Delivered vacant, normal sale $1.8M.
Location
📍 Queens
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Who finances deals like this
The lenders with the most recorded retail mortgages since 2021, from public ACRIS filings.
- Preferred Bank — 39 loans, typically $300K–$2M
- Symetra Life Insurance Company — 19 loans, typically $345K–$2.15M
- Commonwealth Business Bank — 10 loans, typically $1.17M–$2.24M
- New York Progressive Capital Local Development Cor — 5 loans, typically $1.19M–$2.28M
- G4 18297,LLC — 3 loans, typically $6.55M–$20.73M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
