uuid

dealPage_DealQuery

viewer

wrapper_Viewer

dealPage_dealHeaderViewer

dealPage_DealPassReasonViewer

dealPage_DealInquiryProviderViewer

dealPage_DealFooterForCustomDesignViewer

dealPage_DealBodyViewer

dealPage3_DealPage3Viewer

teaserDealPage_TeaserDealPage_Viewer

content

wrapper_Content

deal

type

dealName

dealHeadline

filesUrl

viewerIsEditor

dealEditUrl

files

dealPageType

landingPageContent

dealPage_dealOwnerHeader

dealPage_dealHeader

dealPage_dealBody

dealPage_dealMap

dealPage_dealPassReasonFooter

dealMeta_Deal

dealPage_DealHeaderForCustomDesign

dealPage_DealBodyForCustomDesign

dealPage_DealFooterForCustomDesign

dealPage_DealInquries

vdrTable_VdrTableDeal

dealPage3_DealPage3

teaserDealPage_TeaserDealPage

actor

canFavoriteDeals

demoUrl

dealPageUrl

dealTypes

highlightedEconomics

totalDealSizeMillions

addresses

economics

teaser

offeringMemo

user

galleryFiles

propertyTypes

riskProfiles

dealDescription

richDescription

shouldSpotlightDealUser

highlightedUsers

ownerCompanies

sponsorEquityMillions

financedPreferredEquityMillions

financedPreferredEquityFilled

financedPermanentLoanMillions

financedPermanentLoanFilled

financedMezzLoanMillions

financedMezzLoanFilled

financedLpjvEquityMillions

financedLpjvEquityFilled

financedLandLoanMillions

financedLandLoanFilled

financedConstructionLoanMillions

financedConstructionLoanFilled

financedCogpEquityMillions

financedCogpEquityFilled

financedBridgeLoanMillions

financedBridgeLoanFilled

sponsorEquityPercent

financedCogpEquityPercent

financedLpjvEquityPercent

financedPreferredEquityPercent

financedMezzLoanPercent

financedConstructionLoanPercent

financedBridgeLoanPercent

financedPermanentLoanPercent

financedLandLoanPercent

inquiries

company

viewerPassReasons

potentialPassReasons

pageDesign

visibility

thumbnailImage

publicImage

dashboardUrl

approvalWorkflow

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F02ab8ef7-1311-4961-8ab6-4050161a009e%2F5184499e-49f2-4930-b54c-ac6a81047743" onerror="this.style.display='none'" alt="42-54 Judge Street Image" style="object-fit: cover; width: 200px;" />
 Multifamily 
 
 42-54 Judge Street
 
 Elmhurst, NY 
 By Meridian Capital Group

 <a href="/user/8f3edc82-7793-4f2d-915f-cbeef68294a2" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Thomas Donovan</a>
 
 President, Queens Investment Sales
 
 
 <a href="tel:(646) 502-3481" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(646) 502-3481</a>
 

 <a href="https://platform.reverecre.com/project/02ab8ef7-1311-4961-8ab6-4050161a009e" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Meridian has arranged financing for many of the country’s leading real estate investors and developers. The experts on our in-house underwriting and placement teams tailor creative, best-in-class solutions for our clients’ unique needs.

Clients benefit from our long-standing relationships with more than 250 traditional and non-traditional lenders, including local, regional, and national banks; CMBS lenders; agency lenders; mortgage REITs; life insurance companies; credit unions; private equity funds; and other specialty finance firms.

Service is Meridian’s hallmark, which in tandem with substantial experience across our three divisions has allowed us to achieve the most accretive and creative solutions for our clients in a seamless process that maximizes value at every step. Meridian’s clients also benefit from our unparalleled, real-time market intelligence and our deep relationships with a full array of local, national, and international buyers, enabling us ot target a subset of the most likely buyers of any given property.

Meridian’s investment sales division distinguishes itself with our intimate knowledge of New York City real estate, having a detailed understanding of not only how tenancies and cash flows drive value, but also how zoning, land use, air rights, and alternative uses are integral parts of a property’s economics.

Meridian’s retail leasing team understands the market, knows the active operators, and cultivates targeted opportunities for each asset to achieve favorable results for our clients. Our retail leasing knowledge is further supported by the company’s unparalleled access to information and comparables via the firm’s debt capital markets and investment sales businesses, providing clients with exceptional service and in-depth market insights.

•Six-story, elevator serviced building (93% occupied)

•28% upside between legal and preferential rents

•1 block to Elmhurst Ave subway station, short walk to Elmhurst Hospital and Roosevelt Avenue

•Ideal long-term investment or 1031 exchange property

Sales Team

Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of 42-54 Judge Street, a pristine 41-unit (46% free market) elevator serviced multifamily apartment building in Elmhurst, Queens, NY.

Mr. Donovan joined Meridian in 2023 and currently serves as the President of Queens Investment Sales in the company’s Battery Park, NY office. He is a specialist in the sale of multifamily, mixed-use, retail, industrial, and development properties throughout New York City.

Prior to joining Meridian, Mr. Donovan was a Partner and Vice Chairman at B6 Real Estate Advisors where he was responsible for territory management, business development, real estate advisory services, and sales. Prior to joining B6, Mr. Donovan spent 4 years as Vice Chairman in the Capital Markets Group of Cushman & Wakefield and 17 years at Massey Knakal Realty Services.

Over the course of his career, Mr. Donovan has sold more than $2.6 billion in commercial real estate and over 650 properties sold.

Mr. Donovan attended St. John’s University, where he studied business management. He also served in the U.S. Marine Corps Reserve. As a member of the 8th Marine Regiment, Mr. Donovan was an influencing force in Operation Desert Shield and Desert Storm. The tenacity, courage, and determination he displayed while in Saudi Arabia and Kuwait awarded him a Combat Action Ribbon. He is also a member of REBNY – Commercial Board of Directors, Columbus Citizens Foundation, VFW — Catholic War Veterans, and The Brain Tumor Foundation. Mr. Donovan has been recognized by B6 as a top producer, a finalist for REBNY’s Most Ingenious Deal of the Year in 2019, GlobeSt.com’s Top Influencer in Multifamily, Star Network’s King of Queens, Real Estate Forum’s Top Broker, a Top Sales Broker by CoStar Group, and Crain’s New York Business’ 40 Under 40 List.

President, Queens Investment Sales

Overview

Investment Highlights

Photo Gallery

Sales Team

Inquire