Astor on Third II in New York City

Affinius Capital Originates $68 Million Loan to Refinance Astor on Third II in Queens

by Channing Hamilton

NEW YORK CITY — Affinius Capital LLC has originated a $68 million loan to refinance Astor on Third II, a 137-unit community located in the Astoria neighborhood of Queens. New York-based developer Goose Property Management was the borrower. The financing will be used to lease the property to stabilization. Henry Bodek of Galaxy Capital arranged the loan.

Astor on Third II offers studio, one- and two-bedroom floor plans. Amenities include a 69-car parking garage, roof deck overlooking the city and the Kennedy Bridge, children’s playroom, fitness center, screening room, package room and resident’s lounge with a pool table, board games and kitchenette. The property is situated two blocks from the Astoria Ferry and is near multiple subway lines.

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