Joseph Pistilli Secures $3.72M Refinance From JP Morgan Chase For Mixed-Use Property In Bronx
FINANCED
$3,720,000
New York
See Similar DealsMixed-use
Financed 11/25/2025
FINANCED
Joseph Pistilli Secures $3.72M Refinance From JP Morgan Chase For Mixed-Use Property In Bronx
535 East Tremont Avenue
See Similar DealsMixed-use
Financed 11/25/2025
Summary
NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,720,000.00
Monthly NOI$24,800.00
Monthly Debt Service$23,512.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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