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Filler Capital Secures $1.84 Million Refinance Loan For Office Assets In Rockville Centre

Property Image
FINANCED
$1,840,000
Isaac Filler
SE
Jordan Gellman

New York

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Office13,344 SF
Financed 05/29/2025
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Property Image
FINANCED

Filler Capital Secures $1.84 Million Refinance Loan For Office Assets In Rockville Centre

45 North Village Avenue & 55 Front Street

See Similar Deals
Office13,344 SF
Financed 05/29/2025
Isaac Filler
SE
Jordan Gellman
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$137
Total Square Footage:13,344 SF
Transaction Type:Loan

The property assets involved in this transaction are two office assets located at 45 North Village Avenue and 55 Front Street in Rockville Centre, NY, totaling 5,255 square feet. They are situated in a market known for stable, income-producing properties.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,840,000
  • Loan Type: Refinance
  • Lender: HAB Bank
  • Brokers: Steven Edelstein, Jordan Gellman & Isaac Filler - Filler Capital
  • Units: 6

This refinancing deal was secured by Filler Capital LLC, emphasizing their ongoing commitment to stable investments in key Long Island submarkets. The successful completion reflects the firm's ability to navigate the financial landscape for their clients.

Players

Isaac Filler
Filler Capital
Isaac Filler
77 deals$1.7B volume
BROKER
SE
Hanover Capital
Steven Edelstein
10 deals$108.4M volume
BROKER
Jordan Gellman
Filler Capital
Jordan Gellman
14 deals$59.9M volume
BROKER
Habib American Bank (HAB BANK)
Habib American Bank (HAB BANK)
LENDER

Details

FINANCED
IMAGE: Jordan Gellman, Steven Edelstein & Andrew Walsh DATE: 5/29/2025 ADDRESS: 45 North Village Avenue & 55 Front Street MARKET: Rockville Centre ASSET TYPE: Office ~ SF: 5,255 ~ UNITS: 6 LENDER: HAB Bank BROKERS: Steven Edelstein, Jordan Gellman & Isaac Filler - Filler Capital (@FillerCapital) LOAN AMOUNT: $1,840,000 LOAN TYPE: Refinance NOTE FROM BROKER: Filler Capital LLC is pleased to announce the successful refinancing of two office assets totaling 13,000 SF in Rockville Centre, NY. šŸ’° Loan Amount: $1,840,000 šŸ¢ Asset Type: Office šŸ“ Location: Rockville Centre, NY šŸ¦ Lender: Local Savings Bank šŸ“ˆ Loan Type: Fixed-Rate The deal was secured through a local savings bank and reflects our continued focus on stable, income-producing properties in key Long Island submarkets.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,840,000.00

Monthly NOI$12,266.67
Monthly Debt Service$11,630.05
Change in Cash Flow$0.00
Refinance Proceeds$0.00