Zev Mayer Secures $27M Refinance Loan For MultiFamily In Highbridge, Bronx | 1258-1268 Shakespeare Avenue | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

Located in Highbridge, Bronx, the property at 1258-1268 Shakespeare Avenue is a 90-unit residential elevator building. Zev Mayer secured a $27 million refinance loan from Valley National Bank for this multifamily asset.

Summary of transaction details:

Property Type: MultiFamily
Transaction Amount: $27,000,000
Units: 90
Lender: Terence J. McArdle - Valley National Bank
Landlord: Zev Mayer

Zev Mayer was represented by 1268s LLC in the deal, ensuring a successful $27 million refinance loan from Valley National Bank for the residential elevator building at 1258-1268 Shakespeare Avenue in Highbridge, Bronx.

Details

Deal Summary

FINANCED

IMAGE: 02/09/2024 ADDRESS: 1258-1268 Shakespeare Avenue MARKET: Highbridge, Bronx ASSET TYPE: MultiFamily ~ UNITS: 90 LENDER: Terence J. McArdle - Valley National Bank (@ValleyBank) LANDLORD: Zev Mayer LOAN AMOUNT: $27,000,000 LOAN TYPE: Refinance NOTE: Zev Mayer, represented by 1268s LLC, secured a $27 million refinance loan from Valley National Bank for a 90-unit residential elevator building located at 1258-1268 Shakespeare Avenue in Highbridge, Bronx.

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Address1258-1268 Shakespeare Avenue

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