Joseph Pistilli Secures $3.72M Refinance From JP Morgan Chase For Mixed-Use Property In Bronx
535 East Tremont Avenue
$3,720,000
Building Size
—
Asset Type
Mixed-use
Closing
Nov 24, 2025
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 535 East Tremont Avenue in the Bronx. The loan amount for the refinance is $3,720,000, facilitating financial restructuring for the landlord.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $3,720,000
- Lender: JP Morgan Chase
- Landlord: Joseph Pistilli
- Broker: Ezra Sutton - Meridian Capital Group
- Loan Type: Refinance
- Date: 11/25/2025
Key individuals involved in the transaction include the lender, JP Morgan Chase, overseeing the financial aspects, and broker Ezra Sutton from Meridian Capital Group, representing the landlord, Joseph Pistilli, in this refinancing arrangement.
On the Map
$3,720,000
Mixed-use
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Players
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93