PCSB Bank Provides $4.75M Loan For Multifamily Property On Ogden Ave In Bronx

The multifamily property located at 987-989 Ogden Ave in Bronx has been involved in a recent closed transaction. The property spans approximately 18,000 square feet and is owned by Global View Apartments, represented by Wajeeha Naseem. The transaction was facilitated by broker Michael Volpe.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,750,000
• Loan Amount: $4,750,000
• Loan Terms: 4.03% fixed for 5 years – 30-year schedule
• Lender: PCSB Bank
• Landlord: Global View Apartments - Wajeeha Naseem
• Broker: Michael Volpe

The loan for this property was obtained from PCSB Bank with a fixed interest rate of 4.03% for 5 years, and a 30-year repayment schedule.