FINANCEDOffice
Haul Bokon Secures $3,000,000 Refinance Loan For Office At 3000 Hempstead Turnpike
3000 Hempstead Turnpike
$3,000,000
Building Size
—
Asset Type
Office
Closing
May 1, 2026
AI
The property asset involved in this transaction is an office located at 3000 Hempstead Turnpike in Levittown. The loan amount for this asset is $3,000,000, and it is classified as a refinance loan.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,000,000
- Loan Type: Refinance
- Landlord: Haul Bokon
- Broker: Kevin Hakimi - Elite Capital Advisors
In this transaction, Kevin Hakimi from Elite Capital Advisors represented the financial interests in the deal, facilitating the refinance process for the landlord, Haul Bokon.
Levittown 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93