Flushing Asphalt

People:

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Flushing Asphalt portfolio

$7.7 million* – industrial 70%, specialty 18%; Queens 100%, Manhattan 0%

3081th largest portfolio by dollar value

8,400 sqft – industrial 100%, development 0%;

5538th largest by SF

3 properties – Queens 100%, Manhattan 0%

2505th largest

Company Activity past 24 months:

Buyer company: 1 for $9.9 million

Borrower company: 1 for $25.6 million

Top Ten Associated Companies:

TD Bank (1), Brandon Rose (1)

Top Ten Associated People:

Brandon Rose (1)

Recent activity as company:

Flushing Asphalt borrowed $25.6 million from TD Bank for 121-16 31st Avenue, N/A 122nd Street, and N/A 31st Road, College Point, Queens on January 15, 2025.

Brandon Rose sold 121-16 31st Avenue, N/A 122nd Street, and N/A 31st Road, College Point, Queens for $9.9 million to Flushing Asphalt on January 15, 2025.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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