BCB Bank Provides $8.6M Acquisition Loan For Multifamily Property In Flushing

The property involved in this transaction is a multifamily asset located at 35-28 153rd Street & 35-30 153rd Street in the Flushing market. The acquisition loan for this property amounts to $8,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,600,000
• Lender: BCB Bank
• Landlord's Representative: Omar Ferreira & Jacob Schmuckler - Arrow Real Estate Advisors
• Loan Type: Acquisition

This transaction involved key individuals representing the landlord, Omar Ferreira and Jacob Schmuckler from Arrow Real Estate Advisors, who played a significant role in the acquisition process. Their expertise contributed to securing the necessary financing for the property deal.