Dr Dhiren Mehta Acquires 17-Unit Multi Family Property At 1130 Union Avenue, Bronx For $1.875M With Financing From Chase

The multi-family property located at 1130 Union Avenue in the Bronx, New York has been sold in a closed transaction. The property consists of 17 units and was purchased by Dr Dhiren Mehta. The transaction was facilitated by broker Simon Rosenfeld.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $1,875,000
• Lender: Chase
• Landlord: Dr Dhiren Mehta
• Broker: Simon Rosenfeld
• Loan Terms: 4.4% for 10 years fixed

The deal involved the lender Chase providing a loan amount of $1,875,000 at a fixed interest rate of 4.4% for a term of 10 years. Dr Dhiren Mehta acted as the landlord in the transaction, while Simon Rosenfeld represented the buyer as a broker.