facebook
Traded Co logo
Submit

Flushing Bank Arranges Refinance For Christopher Persuad 17302 Jamaica Avenue Mixed Use

Property Image
FINANCED
$1,400,000

New York

See Similar Deals
Mixed-use4,500 SF
Financed 07/31/2025
the dealplayerscompscontact
Property Image
FINANCED

Flushing Bank Arranges Refinance For Christopher Persuad 17302 Jamaica Avenue Mixed Use

173 02 Jamaica Avenue

See Similar Deals
Mixed-use4,500 SF
Financed 07/31/2025
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$311
Total Square Footage:4,500 SF
Transaction Type:Loan

The asset is a mixed-use property in the Jamaica market, located at 173-02 Jamaica Avenue. It comprises 4 units across 4,500 square feet. The transaction is a refinance loan of $1,400,000 from Flushing Bank, with landlord Christopher Persuad.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,400,000
  • Address: 173-02 Jamaica Avenue
  • Market: Jamaica
  • Asset Details: SF 4,500; UNITS 4
  • Lender: Flushing Bank
  • Landlord: Christopher Persuad
  • Broker: Christopher J. Calabrese - The CS Organization
  • Attorneys: Anthony Castellano, Esq. & Christopher J. Merone, Esq. - Castellano & Merone Law Group, PLLC
  • Date: 7/31/2025
  • Note from Broker: CS Advisory specializes in arranging debt solutions for opportunistic commercial real estate sponsors across the country.

The deal's key participants include the landlord, broker Christopher J. Calabrese of The CS Organization, and legal counsel Anthony Castellano, Esq. and Christopher J. Merone, Esq. of Castellano & Merone Law Group, PLLC. These individuals contributed to coordinating the refinance of the Jamaica Avenue asset in the Jamaica market.

Players

Christopher J. Calabrese
17 deals$24.6M volume(718) 612-4699
BROKER

The CS Organization
BROKERAGE

Details

FINANCED
IMAGE: Christopher J. Calabrese, Anthony Castellano & Christopher J. Merone DATE: 7/31/2025 ADDRESS: 173-02 Jamaica Avenue MARKET: Jamaica ASSET TYPE: Mixed-use ~ SF: 4,500 ~ UNITS: 4 LENDER: Flushing Bank LANDLORD: Christopher Persuad BROKER: Christopher J. Calabrese (@ChristopherJCalabrese) - The CS Organization ATTORNEY: ATTORNEY: Anthony Castellano, Esq. & Christopher J. Merone, Esq. - Castellano & Merone Law Group, PLLC (@CMLawGroup_PLLC) LOAN AMOUNT: $1,400,000 LOAN TYPE: Refinance NOTE FROM BROKER: CS Advisory specializes in arranging debt solutions for opportunistic commercial real estate for real estate sponsors across the country.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,400,000.00

Monthly NOI$9,333.33
Monthly Debt Service$8,848.95
Change in Cash Flow$0.00
Refinance Proceeds$0.00