Forest Hills Property Group

71-25 Austin Street Forest Hills, NY 11375

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$13.3 million* – mixed-use 76%, walkup 23%; Queens 42%, Brooklyn 33%

2266th largest portfolio by dollar value

52,320 sqft – mixed-use 81%, walkup 18%;

2800th largest by SF

4 properties – Brooklyn 50%, Manhattan 25%

1904th largest

30 residential units – Manhattan 60%, Brooklyn 40%

2741th largest by residential units

• Forest Hills Property Group borrowed $7 million from Signature Bank for 70-20 Austin Street, Forest Hills, Queens on November 10, 2022.

• James A. Rubin sold 70-20 Austin Street, Forest Hills, Queens for $12 million to Forest Hills Property Group on November 10, 2022.

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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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