Cross River Bank Provides $1.3M Loan For Multifamily Property Acquisition On Daly Avenue, Bronx

The multifamily property located at 2076 Daly Avenue in the Bronx has recently undergone a loan transaction. The loan amount for this transaction is $1,300,000. The lender involved in this deal is Cross River Bank, while the landlord is Sean Murray. The broker representing this transaction is Matthew Murphy from ERG CRE.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Lender: Cross River Bank
• Landlord: Sean Murray
• Broker: Matthew Murphy - ERG CRE

This transaction showcases the collaboration between Cross River Bank, as the lender, and Sean Murray as the landlord. Matthew Murphy from ERG CRE acted as the broker for this multifamily property loan transaction at 2076 Daly Avenue in the Bronx.