Fresh Meadows Office Building

Location: Queens County, NY
Type: Office
Price: $ 11,500,000

SMC’s $11,500,000 first mortgage loan refinanced existing debt on the Fresh Meadows Office Building, a 39,366 square foot, 5-story plus lower level, medical office building. Situated directly off of exit 24 and 25 of the Long Island Expressway, the Subject property is a prominent landmark, visible from both sides of the LIE (I-495), Long Island’s main east/west thoroughfare in the Fresh Meadows neighborhood of Flushing, Queens County, NY. The Borrower has owned the subject since 1982 and is 100% leased to a mix of medical office users, ranging from the NY Hospital of Queens, which occupies three entire floors, to several smaller practices or administrative users on the lower level.