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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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