Spencer Savings Bank Provides $2.995M Construction Loan For Mixed-Use Property In Irvington, NJ

The mixed-use property located at 1127-1133 Stuyvesant Avenue in Irvington, NJ has recently been involved in a closed transaction. The property spans over 13,790 square feet and consists of 19 units. The transaction took place on January 12, 2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,995,000
• Address: 1127-1133 Stuyvesant Avenue, Irvington, NJ
• Market: Irvington, NJ
• Square Footage: 13,790
• Units: 19

The loan for this transaction was provided by Spencer Savings Bank. The landlords of the property are Avi Gagin and Eyal Gagin. The brokers who represented the parties involved in the deal are Brad Domenico and Frank Stanislaski from Progress Capital. The loan, totaling $2,995,000, was of the construction type.