HKS Real Estate Advisors Facilitates $5.4M Refinance For Bayonne Multifamily

The property, located at 425-429 Avenue C in Bayonne, is a newly constructed 19-unit apartment building with five stories and 19,300 square feet of space. The asset includes 19 parking spaces and was recently refinanced for $5.4 million, with a loan provided by Emerald Creek Capital.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,400,000
• Market: Bayonne
• Units: 19
• Lender: Emerald Creek Capital
• Brokers: Alex Dobosh & Michael Lee - HKS Real Estate Advisors
• Loan Type: Refinance

HKS Real Estate Advisors played a crucial role in facilitating the refinancing deal for the 19-unit apartment building in Bayonne. The transaction was brokered by Alex Dobosh and Michael Lee of HKS Real Estate Advisors, with Emerald Creek Capital providing the financing for this successful property transaction.