Meridian Capital Represents Flushing Bank In $11.6M Refinance Loan Deal For Manhattan & Bronx Multifamily

720 Riverside Drive & 1150 Grand Concourse

$11,600,000

$5,800,000/SF

Building Size

2 SF

Asset Type

Package Deal

Closing

Dec 12, 2023

AI

Flushing Bank, represented by Albert J. Bozzolo, provided a refinancing loan of $11,600,000 for a multifamily property transaction in Manhattan and Bronx. The property is located at 720 Riverside Drive and 1150 Grand Concourse.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $11,600,000
Lender: Albert J. Bozzolo - Flushing Bank
Brokers: Avi Weinstock & Ezra Sutton - Meridian Capital Group

The loan was facilitated by Meridian Capital Group, with Avi Weinstock and Ezra Sutton representing the lender. This transaction marks an important refinancing deal in the Manhattan and Bronx multifamily market.

Players