FINANCED
Fereidoon Behin Secures $8.6M Refinancing Loan For Ridgewood Properties With Ready Capital
56-50 Myrtle Avenue
Mixed-use
49,200 SF
49,200 SF
Financed 97 days ago
Summary
Loan
NEW YORK
Mixed-use
49,200 sqft
The properties involved in the transaction are located at 56-50 Myrtle Avenue, 56-48 Myrtle Avenue, and 56-52 Myrtle Avenue in Ridgewood, Queens. These properties constitute a mixed-use and retail asset with a building square footage of 26,598 and a total square footage of 16,400.
Summary of transaction details:
- Property Type: Mixed-use & Retail
- Transaction Amount: $8,620,000
- Lender: Ready Capital - Melissa Perez
- Landlord: Fereidoon Behin
- Loan Type: Refinance
Fereidoon Behin, represented by Myrtle Ave Development Partners 2 LLC, secured the $8.6 million refinancing loan from Ready Capital for the mentioned properties in Ridgewood, Queens through Readycap Commercial, LLC.
Details
FINANCED
IMAGE: 01/10/2024
ADDRESS: 56-50 Myrtle Avenue, 56-48 Myrtle Avenue & 56-52 Myrtle Avenue
MARKET: Ridgewood, Queens
ASSET TYPE: Mixed-use & Retail ~ BSF: 26,598 ~ SF: 16,400
LENDER: Ready Capital - Melissa Perez
LANDLORD: Fereidoon Behin
LOAN AMOUNT: $8,620,000
LOAN TYPE: Refinance
NOTE: Fereidoon Behin, represented by Myrtle Ave Development Partners 2 LLC, secured an $8.6 million refinancing loan from Ready Capital through Readycap Commercial, LLC for four properties in Ridgewood, Queens.View on map
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Address56-50 Myrtle Avenue
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