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January 30, 2012 -
Financial Digest
Jeffrey Horowitz of Cooper-Horowitz, Inc. has arranged the financing on the six properties totaling $32.7 million. The deals include:
* 183-11 Hillside Ave., Jamaica, Queens: An existing apartment building containing 163 units, medical offices and on site parking. The loan was for $6 million.
* 31-19 Newtown Ave., Astoria, Queens: An existing 10-story office building. The loan was for $12.7 million.
* 633-647 Old Post Rd., Bedford Village: An existing historic three-story building with 25 apartments and six retail stores. The loan was for $3.8 million.
* 299 St. Marks Place, Staten Island: An existing six-story apartment building containing 70 units. The loan was for $4 million.
* 116-118 MacDougal St.: Two five-story walk-up apartment buildings containing 38 units and four retail stores. The loan was for $5 million.
* 105 Ave. B: An existing six-story plus basement walk-up, mixed-use building containing 12 apartments and two retail stores. The loan was for $1.2 million.