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120 West Park Avenue

Gabby Cali Of Cali Capital Secures $2.88M Refinance Loan For 120 West Park Avenue Office
FINANCEDOffice

Gabby Cali Of Cali Capital Secures $2.88M Refinance Loan For 120 West Park Avenue Office

120 West Park Avenue

$2,880,000

$160/SF

Building Size

18,000 SF

Asset Type

Office

Closing

Aug 20, 2025

AI

The property asset involved in this transaction is located at 120 West Park Avenue in Long Beach. This office asset spans 18,000 square feet and consists of 14 units. The loan amount for this transaction is $2,880,000, and it is categorized as a refinance loan with 5-year fixed terms and a 10-year overall term.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $2,880,000
  • Asset Size: 18,000 SF
  • Units: 14
  • Lender: HAB Bank
  • Broker: Gabby Cali - Cali Capital

The key individuals involved in the transaction include Gabby Cali representing Cali Capital, who can be contacted for further details regarding financing options at 732-962-3242 or via email at [email protected].

Players

Gabby Cali

Cali Capital

Broker

$157.7M

vol

32 deals

Broker
Cali Capital
Cali Capital Brokerage

Long Beach Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.51%

Cash-on-Cash

-1.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93