FINANCED
BCB Bank Refinances 11,000 SF Medical Office In Bayonne, NJ For $2.93M
471 Broadway
Other
11,000 SF
11,000 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
Other
11,000 sqft
A single-tenant medical office building located at 471 Broadway, Bayonne, NJ, has recently undergone a refinancing transaction. The property spans 11,000 square feet and is owned by Lance Lucarelli.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $2,930,000
- Address: 471 Broadway, Bayonne, NJ
- Market: Bayonne, NJ
- Asset Type: Medical Office
- Square Footage: 11,000
The refinancing was facilitated by BCB Bank, who provided a 3-year floating rate loan for the property. The loan terms include interest-only payments for the duration of the term. Emil DePasquale, representing Black Bear Capital Partners, acted as the broker in this transaction.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Emil DePasquale
DATE: 05/05/2023
ADDRESS: 471 Broadway
MARKET: Bayonne, NJ
ASSET TYPE: Medical Office ~ SF: 11,000
LENDER: BCB Bank
LANDLORD: Lance Lucarelli
BROKER: Emil DePasquale - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $2,930,000
LOAN TYPE: Refinance
LOAN TERMS: The single-tenant medical office building, spanning 11,000 SF, was refinanced via a 3-year floating rate loan and interest-only payments for the entirety of the term.View on map
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Address471 Broadway
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