92-59 59th Avenue

92-59 59th Avenue

Ashkenazy Acquisition refinanced its debt on the Queens Center Mall at 92-59 59th Avenue, Elmhurst, Queens, increasing it from $31 million to $57 million through Bank Hapoalim. The 202,383-square-foot retail building includes additional air rights totaling 411,330 square feet. The property, purchased for $40.5 million in December 2021, generates $5.1 million in annual revenue.

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