DELSHAH PURCHASES SUNRISE TERRACE CONDOS

NEW YORK CITY — DelShah Capital has purchased Sunrise Terrace Condominiums, a mixed-use property located at 31-32 Union St. in Queens. The property features 32 upscale residential units, seven retail spaces and on-site parking. The property is being repositioned with help from Distinct New York and Prudential Douglas Elliman. No brokers were involved in the transaction. DelShah bought the mortgage from China Trust Bank for $5.4 million and won the foreclosure auction at $3.7 million.