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Amboy Bank Provides $12.5 Million Refinance Loan For Mixed-Use Asset In Passaic

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FINANCED
$12,500,000

New Jersey

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Mixed-use74,262 SF
Financed
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FINANCED

Amboy Bank Provides $12.5 Million Refinance Loan For Mixed-Use Asset In Passaic

663 Main Avenue

See Similar Deals
Mixed-use74,262 SF
Financed
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Summary

NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$168
Total Square Footage:74262 SF
Transaction Type:Loan

The property asset involved in this transaction is a mixed-use building located at 663 Main Avenue in Passaic, featuring a total square footage of 74,262. The refinance loan amount secured for this property is $12,500,000, facilitated by Amboy Bank.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $12,500,000
  • Square Footage: 74,262
  • Address: 663 Main Avenue
  • Market: Passaic
  • Lender: Amboy Bank
  • Landlord's Representatives: Brad Domenico, Frank Stanislaski & Ethan Thompson - EDSF Group | CRE Loans - Cushman & Wakefield

The key individuals involved in this deal include Brad Domenico, Frank Stanislaski, and Ethan Thompson, who represent the landlord in this refinancing transaction. They are affiliated with EDSF Group and Cushman & Wakefield, contributing to the successful negotiation and securing of the loan for the property.

Players

Brad Domenico
133 deals$3.6B volume
BROKER

Frank Stanislaski
Cushman & Wakefield
55 deals$887.8M volume
BROKER

Ethan Thompson
Cushman & Wakefield
7 deals$174.3M volume(908) 675-5842
BROKER

Amboy Bank
LENDER

Details

FINANCED
IMAGE: Brad Domenico, Frank Stanislaski & Ethan Thompson DATE: 02/19/2026 ADDRESS: 663 Main Avenue MARKET: Passaic ASSET TYPE: Mixed-use ~ SF: 74,262 LENDER: Amboy Bank LANDLORD'S REP: Brad Domenico (@Domenico317), Frank Stanislaski (@FStanisl) & Ethan Thompson (@EthanThompson5) - EDSF Group | CRE Loans (@EDSF_TriState) - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $12,500,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,500,000.00

Monthly NOI$83,333.33
Monthly Debt Service$79,008.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00