Paulin Lumaj Refinances Pelham Bay Multifamily Property With $6M Loan From Greystone

The multifamily property located at 3066 Buhre Avenue in Pelham Bay, Bronx, was involved in a refinancing transaction. Paulin Lumaj secured a $6 million refinance loan from Greystone & Co. for the 35-unit residential elevator building. The property, previously financed by Metropolitan Commercial Bank, stands as a notable asset in the bustling Pelham Bay market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Address: 3066 Buhre Avenue
• Market: Pelham Bay, Bronx
• Lender: Tyler Darby - Greystone
• Landlord: Paulin Lumaj
• Loan Type: Refinance

Tyler Darby from Greystone acted as the lender in this refinancing deal, providing financial support to Paulin Lumaj, the landlord of the residential building. This transaction marks a significant step for both parties, facilitating the management and potential growth of the property at 3066 Buhre Avenue in Pelham Bay, Bronx.