Description

ERG Commercial Real Estate is proud to announce the funding of 30-75 21st Street in Astoria, Queens. The Property sits on a 10,000 square foot lot and is Zoned R7A, C2-3. The site allows for 40,000 buildable square feet as of right. The proceeds will fund the acquisition of the property and the preliminary site preparation work for a new building construction project.

ERG is actively financing Bridge loans, Partnership financing & buyouts, and additional Private financing opportunities. No appraisals, No environmentals and Quick Closings. ERG was the direct lender on the transaction.

Please reach out to James Guarino with any questions regarding our direct lending services.