Aleksander Haxhari Secures $11.1M Construction Loan From Northeast Community Bank For Development Site In Bronx

A construction loan was secured for a development site located at 2282 Bronx Park East in the Allerton neighborhood of Bronx. This site encompasses a total of 32,181 square feet and is designated for a residential project consisting of 53 units. The loan amount totals $11,100,000, facilitating the construction of the proposed housing development.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,100,000
• Asset Size: 32,181 BSF
• Address: 2282 Bronx Park East
• Market: Allerton, Bronx
• Lender: Northeast Community Bank
• Landlord: Aleksander Haxhari

Aleksander Haxhari, representing BPE Realty LLC, has concluded the financing arrangement with Northeast Community Bank for the construction loan aimed at the outlined residential project. This highlights the engagement of BPE Realty LLC in facilitating the development of housing in the Bronx area.