Eli Levenfeld And Dylan Hamer Of NorthMarq Arrange $3.4M Financing For Medical Office In Massapequa

The transaction involved a multi-tenant medical office building located at 200 Boundary Avenue in Massapequa. The property was sold for $3,400,000, representing its market value within the area. The asset type is specifically categorized as a medical office, reflecting its use and tenant structure.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $3,400,000
• Address: 200 Boundary Avenue
• Market: Massapequa
• Brokers: Eli Levenfeld & Dylan Hamer - NorthMarq

Eli Levenfeld and Dylan Hamer, part of NorthMarq’s New York Metro Debt + Equity team, played a significant role in the deal by arranging $3.4M in acquisition financing for the property. The financing was sourced from a relationship with a life insurance company and involves a permanent fixed-rate structure with a term of five years.