Coratolo Associates LLC Refinances Bronx Multifamily Property For $43.7M

A multifamily property with 389 units in the Bronx has been refinanced. The loan amount for this transaction is $43,725,000, and the loan terms include a 3% interest rate with a 7+5 repayment schedule. The brokers involved in this deal are Douglas Marshall and Vincent Coratolo from Coratolo Associates LLC.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $43,725,000
• Units: 389
• Market: Bronx

Douglas Marshall and Vincent Coratolo from Coratolo Associates LLC represented the parties involved in this refinancing transaction.

For more information and to request a no obligation quote, you can contact Coratolo Associates at 914-681-1300.