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<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%2F7f4248ea-a53b-42fc-b3bf-4cf910cc4b2b%2F8a8840cd-0ce6-443b-b8e2-d67ce95902a3" onerror="this.style.display='none'" alt="27-24 21st Street Image" style="object-fit: cover; width: 200px;" />
 Mixed Use / Multifamily 
 
 27-24 21st Street
 
 Astoria, NY 
 By Meridian Capital Group

 <a href="/user/35229a19-80e5-48e2-904c-4db91b93bdfc" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Eugene Kim</a>
 
 Vice President, Investment Sales
 
 
 <a href="tel:(646) 764-6929" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(646) 764-6929</a>
 

 <a href="https://platform.reverecre.com/project/7f4248ea-a53b-42fc-b3bf-4cf910cc4b2b" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
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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.

President, Queens Investment Sales

Vice President, Investment Sales

Vice President

•Prime Astoria location along 21st Street, amongst several new high-rise luxury developments

•(16) Two-Bedroom Units & (11) One-Bedroom Units

•18% (approx) difference between legal and preferential rents

•Proximity to N/W trains, Astoria Ferry, Robert F. Kennedy Bridge

•Ideal long-term investment or 1031 exchange opportunity

Team Donovan

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

Prior to joining Meridian, Mr. Kim was a Director of Investment Sales at B6 Real Estate Advisors where was responsible for originating and executing middle-market investment sales in Queens, NY. Prior to joining B6 Real Estate Advisors, Mr. Kim spent 4 years at Cushman & Wakefield and 10 years at Massey Knakal Realty Services.

Over the course of his career, Mr. Kim has sold more than $2 billion in commercial real estate. Notable Queens property sales include The Rego Park 18 Portfolio for $150,000,000, 90-02 Queens Boulevard for $125,000,000, The Briarwood Portfolio for $87,200,000, 75 Onderdonk Avenue for $25,000,000, and 34-20 Junction Boulevard for $21,000,000.

Overview

Investment Highlights

Team Donovan

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