Prime Finance Provides $14.9M Acquisition Loan For Multifamily Property In Long Island City | 11-55 45th Avenue | Dustin Stolly, Daniel Fromm, Jordan (Jordy) Roeschlaub | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

45 sqft

An acquisition loan has been secured for a multifamily property located at 11-55 45th Ave in Long Island City. The property spans approximately 45,707 square feet.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $14,971,841
Address: 11-55 45th Ave
Market: Long Island City

The loan, provided by Prime Finance, will be used to facilitate the acquisition. The landlord involved in the transaction is PEAK Capital, represented by Alex Rabin and David Gomez. The brokers responsible for the deal are Dustin Stolly, Jordan Roeschlaub, and Daniel Fromm, from Newmark.

Players

All
4

Agents
3
Agencies
1

Dustin Stolly

Co-President, Debt & Structured Finance

$5.1B Sold

Daniel Fromm

Senior Managing Director

$62.3M Sold

Jordan (Jordy) Roeschlaub

Co-President, Debt & Structured Finance

$4.8B Sold

Newmark

Details

Deal Summary

FINANCED

IMAGE: Dustin Stolly, Alex Rabin, Daniel Fromm, David Gomez & Jordan Roeschlaub DATE: 07/07/2022 ADDRESS: 11-55 45th Ave. MARKET: Long Island City ASSET TYPE: Multifamily ~ SF: 45,707 LENDER: Prime Finance LANDLORD: PEAK Capital - Alex Rabin (@AlexBRabin) & David Gomez (@DavidGomezNYC) BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub) & Daniel Fromm (@Ddwb) - Newmark (@Newmark) LOAN AMOUNT: $14,971,841 LOAN TYPE: Acquisition

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Address11-55 45th Avenue

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