J&J Farms Creamery

J&J Farms Creamery portfolio

$4.8 million* – industrial 100%; Queens 100%, Manhattan 0%

3867th largest portfolio by dollar value

57,430 sqft – industrial 100%;

2667th largest by SF

Company Activity past 24 months:

Borrower company: 3 for $67.5 million

Top Ten Associated Companies:

CDK Lending (1), Alma Bank (1), Israel Discount Bank (1)

Top Ten Associated People:

Hugh Donlon (1), Mitchell Barnett (1), Ender Cetin (1)

Recent activity as company:

• J&J Farms Creamery borrowed $22.5 million from Israel Discount Bank for 57-48 49th Place, Maspeth, Queens on April 16, 2024.

• J&J Farms Creamery borrowed $22.5 million from Alma Bank for 57-48 49th Place, Maspeth, Queens on April 26, 2023.

• J&J Farms Creamery borrowed $22.5 million from CDK Lending for 57-48 49th Place, Maspeth, Queens on March 15, 2023.

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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