First National Bank Of Long Island Refinances Melville Office Building For $20M

105 Maxess Road, located in Melville, was involved in a recent property transaction. The asset, classified as an office space, spans a total area of 150,000 square feet. This transaction took place on January 3, 2022.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $20,000,000
• Lender: First National Bank of Long Island
• Landlord: T. Weiss Realty Corp.
• Broker: Walker & Dunlop
• Loan Type: Refinance
• Loan Terms: 10 year fixed rate loan

Highlighting the key players in this deal, the loan was facilitated by Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, and Craig Weiss. The First National Bank of Long Island served as the lender, while T. Weiss Realty Corp. acted as the landlord. Walker & Dunlop represented the parties involved as the broker.