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Sage House Condominium
OVERVIEW
Sage House is a 33 unit condominium building located at the corner of Northern Blvd. and 112 Ave. in Queens, NY. Purchased the defaulted loan after failure of the Bank of Smithtown, negotiated a forbearance agreement with the developer to complete the building and sell the units.
KEY FACTS
Location
Corona, Queens, NY 11368
Asset Type
Residential Condominium/Apartments
Participation
Business Plan
Purchase defaulted loan/Complete building/Sell units
Purchase of non-performing construction
LOCATION
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