Realty Three Acquires Multifamily Property On Long Island With $5.7M Loan

A multifamily property located at 460 Old Town Road in Long Island has recently been involved in a loan transaction. The loan, amounting to $5,700,000, was provided by Bethpage Federal Credit Union.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,700,000
• Address: 460 Old Town Road
• Market: Long Island
• Landlord: Realty Three - Sam Lefkowitz & Charlie Lefkowitz
• Broker: Len Novick - Estreich & Co

The property's landlord, Realty Three represented by Sam Lefkowitz & Charlie Lefkowitz, played a significant role in the transaction. Len Novick from Estreich & Co acted as the broker assisting in the deal.

Additionally, the landlord, Sam Lefkowitz, has expressed interest in value-add garden style apartments in the New York metro area and Long Island. For potential deal opportunities, Sam Lefkowitz can be contacted via email at [email protected].