NEW YORK, NY - Bayport Funding, a leading direct bridge lender for real estate investors, has provided a $4 million acquisition and construction loan for the development of a four-story mixed-use building in Ozone Park, Queens. The property will comprise nearly 10,000 square feet, approximately 8,600 of which will be designated as residential space, with the remaining 1,400 as retail.
Upon completion, the 47-foot-tall rental property will feature 12 units, parking spaces for residents, and a...