FINANCED
Redwood Capital Advisors Facilitates $1.5M Refinance Loan For Multifamily Property In Jersey City
219 New York Avenue
MultiFamily
5,001 SF
5,001 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
5,001 sqft
The property involved in this closed transaction is a multifamily building located at 219 New York Ave in Jersey City. The property consists of 12 units and has a total square footage of 5,001. The transaction took place on 03/25/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Loan Type: Refinance
- Loan Terms: 3.5% Fixed for 10 Years, 30 Year Amortization, Non-Recourse, Prepay: 3,2,2,1,1
The lender for this transaction is Lakeland Bank. The landlord of the property is Red Star Properties, LLC. The broker involved in the deal is Edward McCarthy from Redwood Capital Advisors.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Edward McCarthy
DATE: 03/25/2022
ADDRESS: 219 New York Ave
MARKET: Jersey City
ASSET TYPE: Multifamily ~ UNITS: 12 ~ SF: 5,001
LENDER: Lakeland Bank
LANDLORD: Red Star Properties, LLC
BROKER: Edward McCarthy - Redwood Capital Advisors (@RedwoodRealtyAdvisors), (@RedwoodCapitalAdvisors)
LOAN AMOUNT: $1,500,000
LOAN TYPE: Refinance
LOAN TERMS: 3.5% Fixed for 10 Years, 30 Year Amortization, Non-Recourse, Prepay: 3,2,2,1,1View on map
Loading...
Address219 New York Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want