Daily limit: 0/10
JJ Operating Refinances Mixed-Use Property At 2850 Third Avenue In Bronx For $19.8M
FINANCED
$19,800,000
New York
See Similar DealsMixed-use177,094 SF
Financed 09/30/2025
FINANCED
JJ Operating Refinances Mixed-Use Property At 2850 Third Avenue In Bronx For $19.8M
2850 Third Avenue
See Similar DealsMixed-use177,094 SF
Financed 09/30/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$111
Total Square Footage:177,094 SF
Transaction Type:Loan
A mixed-use building located at 2850 Third Avenue in Longwood, Bronx has a total square footage of 177,094. The property is being refinanced with a loan amount of $19.8 million.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $19,800,000
- Address: 2850 Third Avenue
- Market: Longwood, Bronx
- Lender: Tristate Capital Bank
- Landlord: Samuel J. Jemal - JJ Operating
- Loan Type: Refinance
JJ Operating, represented by Samuel J. Jemal, is the landlord involved in this refinancing transaction. The loan was secured through Tristate Capital Bank, providing financial support for the property located in Bronx.
Players
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$19,800,000.00
Monthly NOI$132,000.00
Monthly Debt Service$125,149.47
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions