Signature Bank Provides $45.5M Loan For Astoria & Bronx Package Deal

25-90 35th St, Astoria, NY, USA

$45,500,000

Building Size

—

Asset Type

MultiFamily

Closing

Jan 3, 2021

AI

A package deal in Astoria and Bronx, consisting of properties located at 25-90 35th St, 175th St, 355 E. 187th St, 535 E. Tremont Ave, 1770-1772 E. 172nd St, and 2865-2873 Webster Ave, has closed in a loan transaction.

Summary of transaction details

Property Type: Package Deal
Transaction Amount: $45,500,000
Lender: Signature Bank
Landlord: @PistilliRealty - @MiikePistilli & Joseph Pistilli
Brokers: Josh Rhine - Meridian Capital Group

Josh Rhine, representing Meridian Capital Group, facilitated the deal between the landlord, @PistilliRealty - @MiikePistilli & Joseph Pistilli, and the lender, Signature Bank.

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