Brisa Builders Secures $41.4 Million Construction Loan From Bank Of America For Far Rockaway Project

The property at 19-19 Cornaga Avenue is a development site located in Far Rockaway, Queens. The site is earmarked for a residential project comprising 92 units with a total area of 53,496 square feet.

Summary of transaction details:

• Property Type: Development Site

• Transaction Amount: $41,400,000

• Lender: Bank of America

• Landlord: Ericka Keller-Wala - Brisa Builders

• Loan Type: Construction

This transaction involves Brisa Builders, represented by Ericka Keller-Wala. The construction loan secured from Bank of America will facilitate the development of the residential project on the site.

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