TD Bank Provides $12M Loan For Mixed-Use Property In Pleasantville

A mixed-use property located at 39 Washington Avenue in Pleasantville has recently closed in a transaction. The property consists of 23 apartments and 3 commercial spaces, with a total square footage of 32,000. The transaction took place on July 2, 2020.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $12,000,000
• Lender: TD Bank
• Landlord: Hexad Holdings - Jordan Errico B
• Brokers: Bryan Geffen, Ross Reiffman – Meridian Capital Group
• Term: 10 years
• Interest Rate: 2.77% Fixed
• Units: 23 apartments, 3 commercial spaces

The deal was facilitated by Bryan Geffen and Ross Reiffman of the Meridian Capital Group. They represented the buyer and seller in the transaction, ensuring a successful closing.