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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
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 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fcc9ba89e-8ea1-4665-9b36-d1b9ca8981cc%2Fc412c32b-480d-4c84-96cf-5e76de6be2c2" onerror="this.style.display='none'" alt="Liberty 115 Image" style="object-fit: cover; width: 200px;" />
 Multifamily 
 
 Liberty 115
 
 South Richmond Hill, NY 
 By Meridian Capital Group

 <a href="/user/82c5898a-f8cd-4b4c-ae32-69e6799d295a" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Amit Doshi</a>
 
 Senior Executive Managing Director
 
 
 <a href="tel:212-468-5959" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">212-468-5959</a>
 

 <a href="https://platform.reverecre.com/project/cc9ba89e-8ea1-4665-9b36-d1b9ca8981cc" 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.

Senior Executive Managing Director

Managing Director

Financial Analyst

Marketing Associate

23 rent stabilized residential apartments (live-in super)

Ownership has spent $466K on capital expenditures (new boiler, brick/parapet work, unit turnover)

Located between the highly trafficked Liberty Avenue and 107th Avenue in South Richmond Hill

Sales Team

Built in 1931, 104-20 115th Street is a 4-story walkup apartment building that is 18,000 SF and has 23 rent stabilized residential apartments (live-in super). Located between the highly trafficked Liberty Avenue and 107th Avenue, South Richmond Hill offers convenient access to public transportation including the A Line Subway. JFK International Airport and major thoroughfares such as Atlantic & Liberty Avenues, Belt Parkway, Van Wyck Expressway, and Rockaway Boulevard surround the property. Nearby public amenities include the Aqueduct Racetrack and Forest Park.

Asking Price: $2,900,000 | $126K PPU | $161 PSF | 6.8x GRM | 6.2% Cap Rate

Mr. Doshi joined Meridian Investment Sales as a Senior Executive Managing Director to head the mid-market multifamily investment sales sector. Prior to joining Meridian, Mr. Doshi spent 30 years as a partner at a boutique investment sales firm, spearheading a tight knit team of 20 investment sales brokers. To date, Mr. Doshi has sold over 1,400 investment properties whose market value is in billions, making him one of the most prolific and consistent producers in New York City investment arena in the last three decades.

His experience consists of selling more than 55 million square feet comprising of 63,500 apartments, 2,850 retail and commercial spaces as well as several land development properties in NYC and its boroughs. Mr. Doshi has achieved an average of 40 deals per year throughout his career, including 57 deals in 2005. In 2007, he set the mark even higher, by selling a multifamily portfolio for a single family comprising of 108 buildings for a record price of $295,000,000. From multifamily properties to land assemblages, he has gained a strong foothold by mastering the vagaries associated with rent stabilization, regulatory agreements, complex leaseholds, ground leases and zoning laws. Mr. Doshi was recruited to dispose Real Estate Owned and non-performing loans during the 1990's banking and real estate crisis for quasi government institutions such as Federal Home Loan Mortgage Corporation (FHLMC), Resolution Trust Corporation (RTC) as well as many leading Commercial banks, S & L's and private lenders.

He has been named a "Power Broker" for multiple years by CoStar Research and other industry experts, in recognition of being one of top 10 Brokers in sales transactions. Mr. Doshi received his B.S in Engineering from the State University of New York at Stony Brook. He is an ardent supporter of numerous charitable causes as well as is a member of many professional organizations.

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