Marat Leschinsky Secures $6.38M Refinance For Mixed-Use Property At 540 Concord Avenue Bronx

The property asset involved in this transaction is a mixed-use building located at 540 Concord Avenue in the Bronx. The total square footage of the asset is 24,790. This transaction pertains to a loan amount of $6,379,000, specifically a refinance at a rate of 5.75% with a fixed term of 10 years.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $6,379,000
• Loan Type: Refinance
• Loan Terms: 5.75% - 10 Years Fixed
• Landlord: Marat Leschinsky
• Broker: Mike Hennessy - Scouter Capital
• Market: Bronx
• Address: 540 Concord Avenue
• Asset Size: 24,790 SF

The deal involves key individuals such as Marat Leschinsky, who is the landlord, and Mike Hennessy representing Scouter Capitalas the broker. The refinancing aspect of this transaction indicates an effort to optimize the financial structure of the property’s existing loan agreements.