John Lagoudis Of Aegean Commercial Capital Secures $3.7M Loan For Office In Great Neck

This transaction involves a medical office building with a total square footage of 10,000 located in Great Neck. The acquisition loan amount is $3,700,000 with terms set at 10 years, an interest rate of 6.40%, and structured as 5+5 with 30-year amortization. The anchor tenant for this property is New York Health.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,700,000
• Lender: Kearny Bank
• Broker: John Lagoudis - Aegean Commercial Capital
• Loan Type: Acquisition
• Loan Terms: 10 Years, 6.40%, 5+5/30 Years

John Lagoudis represents Aegean Commercial Capital as the commercial loan broker facilitating this transaction. The property is identified as a NNN medical office building, highlighting its purpose and tenant profile.