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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%2Fbd0d4697-c5e8-4284-a329-b12d56ea751e%2Fda9355d1-0574-40c5-8b9b-0c177d52c1f0" onerror="this.style.display='none'" alt="69-47 Austin Street Image" style="object-fit: cover; width: 200px;" />
 Special Purpose / Office / Retail 
 
 69-47 Austin Street
 
 Forest Hills, 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/bd0d4697-c5e8-4284-a329-b12d56ea751e" 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.

President, Queens Investment Sales

Vice President

Vice President, Investment Sales

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Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of 69-47 Austin Street, a vacant 5-story 27,066 SF former health club in Forest Hills, Queens, NY. The property may be delivered vacant upon closing, presenting a prime-end user opportunity.

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.

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