Meridian Capital Group Secures $4,460,000 Refinance For Mixed-Use Property In Bronx

A mixed-use property located at 3190 Riverdale Avenue in the Bronx was the subject of a refinancing transaction. The loan amount secured was $4,460,000 with JP Morgan Chase providing the financing at a rate of 6.24%. The deal was completed in a streamlined timeframe of 23 days.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,460,000
• Lender: JP Morgan Chase
• Loan Type: Refinance
• Date of Transaction: 07/10/2026
• Brokers Involved: Daniel Neiss & Avi Weinstock - Meridian Capital Group

Daniel Neiss and Avi Weinstock of Meridian Capital Group played key roles in negotiating the refinance deal for the property, arranging flexible terms for the financing. Their efforts ensured an efficient transaction process, concluding in just 23 days.