Allon Avgi Acquires Mixed-Use Property In Northport With $1.9M Loan From First Central Savings Bank

Allon Avgi, the landlord of the mixed-use property located at 2-8 & 34-38 Laurel Road in Northport, has secured a $1,875,000 acquisition loan from First Central Savings Bank. The loan was facilitated by John Libretti of Progress Capital on behalf of Allon Avgi.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,875,000
• Loan Type: Acquisition Loan
• Lender: First Central Savings Bank
• Landlord: Allon Avgi
• Broker: John Libretti - Progress Capital

This deal highlights the successful collaboration between Allon Avgi as the landlord and John Libretti from Progress Capital as the broker. The acquisition loan of $1,875,000 provided by First Central Savings Bank will support the investment in the mixed-use property located at 2-8 & 34-38 Laurel Road in Northport.