facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Loan

/

1601 Veterans Memorial Highway

Nemeekham Begam Secures $4,900,000 Refinance Loan For Office At 1601 Veterans Memorial Highway
FINANCEDOffice

Nemeekham Begam Secures $4,900,000 Refinance Loan For Office At 1601 Veterans Memorial Highway

1601 Veterans Memorial Highway

$4,900,000

Building Size

Asset Type

Office

Closing

May 22, 2026

AI

The property asset involved in the transaction is an office located at 1601 Veterans Memorial Highway in Islandia. The loan amount for this asset is $4,900,000, associated with a refinance transaction.

Summary of transaction details:

The key individuals involved in this deal include Nemeekham Begam as the borrower and Kevin Hakimi representing Elite Capital Advisors as the broker for this transaction. The broker can be contacted through the website www.EliteCapAdvisors.com or via email at [email protected]. Additionally, Kevin Hakimi can be reached by phone at 516-350-8529 or on LinkedIn at linkedin.com/in/kevinhakimi.

Players

Kevin Hakimi

Elite Capital Advisors

Broker
Broker

Islandia Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93