Equitas Capital Group Secures $4.5M Loan For Resi Co-Op In Briarwood, Queens With Green River Capital's Rep
141-05 Pershing Crecent
500 SF
Summary
The property involved in this transaction is located at 141-05 Pershing Crecent in Briarwood, Queens. It is a residential co-op consisting of 123 units. The transaction took place on July 30, 2021.
Summary of transation details
- Property Type: Resi Co-Op
- Transaction Amount: $4,500,000
- Address: 141-05 Pershing Crecent
- Market: Briarwood, Queens
- Number of Units: 123
Alex Leykind and Michael Fey represented quitasCapitalGroup, while Sam Davidov represented Green River Capital in this transaction. The loan amount for this deal was $4,500,000, with a fixed rate of 2.95% for 10 years. The loan has a 30-year amortization and a stepdown pre-payment penalty. Equitas Capital Group specializes in providing tailor-made solutions for commercial real estate financing, while Sam Davidov with Green River Capital Corp. specializes in residential real estate financing.
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