Warren Krupp Of American Bancshares Refinances Industrial Property On Long Island For $5.5M

The industrial property located at 301 Locust Avenue in Long Island, NY, spans 60,000 square feet. The property was refinanced for $5,500,000 with Eric Kraftsow from Kraftsow Family Investments providing the loan. The landlord of the property is James Turco of Modern Italian Bakery. The broker involved in this transaction was Warren Krupp from American Bancshares Mortgage.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Address: 301 Locust Avenue
• Market: Long Island, NY
• Lender: Eric Kraftsow - Kraftsow Family Investments
• Landlord: James Turco - Modern Italian Bakery
• Broker: Warren Krupp - American Bancshares Mortgage

Noteworthy individuals in this deal include Eric Kraftsow, who represented Kraftsow Family Investments as the lender, and James Turco, the landlord of Modern Italian Bakery. Additionally, Warren Krupp, from American Bancshares Mortgage, played a pivotal role as the broker in this refinancing transaction.