Yung Ching Siu Secures $18.7M Loan From Axos Bank For Mt. Vernon Industrial Building | 4855 Baldwin Street | Axos Bank | Industrial | Loan

Summary

Loan

NEW YORK

Industrial

28,910 sqft

Yung Ching Siu secured an $18.7 million loan from Axos Bank for the industrial building located at 4855 Baldwin Street in Mt. Vernon, Bronx. The property is an industrial asset with a building square footage (BSF) of 30,750 and a total square footage (SF) of 28,910.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $18,689,854
Address: 4855 Baldwin Street, Mt. Vernon, Bronx
Market: Mt. Vernon, Bronx
Lender: Axos Bank
Landlord: Yung Ching Siu
BSF: 30,750
SF: 28,910

The loan from Axos Bank will enable Yung Ching Siu to proceed with their plans for the industrial building at 4855 Baldwin Street. This transaction highlights the collaboration between the borrower, Yung Ching Siu, and the lender, Axos Bank, in securing the financial resources necessary for their real estate venture in Mt. Vernon, Bronx.

Players

All
1

Lenders
1

Axos Bank

Details

Deal Summary

FINANCED

IMAGE: 06/30/2023 ADDRESS: 4855 Baldwin Street MARKET: Mt. Vernon, Bronx ASSET TYPE: Industrial ~ BSF: 30,750 ~ SF: 28,910 LENDER: Axos Bank LANDLORD: Yung Ching Siu LOAN AMOUNT: $18,689,854 NOTE: Yung Ching Siu secured an $18.7 million loan from Axos Bank for the industrial building at 4855 Baldwin Street in Mt. Vernon, the Bronx.

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Address4855 Baldwin Street

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