TriState Capital Bank Provides $9.2M Loan For Mixed-Use Property In Bronx

A mixed-use property located at 2490 3rd Avenue in the Bronx has recently been involved in a closed transaction. The property, which encompasses both retail and residential spaces, attracted the attention of TriState Capital Bank as the lender. The loan, finalized on December 28, 2020, amounted to $9,200,000. The landlord, Altmark Group, directly negotiated the deal with the lender. The property offers a total retail space of 6,000 square feet, with some retail units currently available for lease.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $9,200,000
• Address: 2490 3rd Avenue, Bronx
• Market: Bronx

Oren Altmark from Altmark Group can provide more details about the available retail spaces for lease. He can be reached at (718)-401-1511 Ext: 207.