Equitas Capital Group Arranges $1.3M Loan For Mixed-use Property In Staten Island

1356-1358 Clove Rd, 1362-1364 Clove Rd in Staten Island has recently undergone a closed property transaction. The property falls under the mixed-use asset category. The deal was facilitated by brokers Alex Leykind and Michael Fey of Equitas Capital Group.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,300,000

The loan terms for this transaction include a 12-month term with the option for a 6-month extension. The amortization is set to interest-only, with a loan-to-value (LTV) ratio of 70%. No prepayment penalty is applicable in this case.

Equitas Capital Group, the representative agency for this deal, asserts their commitment to providing exceptional service and conducting business with integrity and creativity. They prioritize the interests of their clients and lenders alike, maintaining a strong reputation in the industry.

For commercial financing needs, you can contact Equitas Capital Group at any time:

• Phone: 646-637-7510
• Instagram: @EquitasCapitalGroup