NYCB / Flagtar Provides $4.2M Refinance Loan For Lindenhurst Retail Property

Located at 20-36 East Montauk Highway in Lindenhurst, this retail property recently underwent a loan refinance transaction. The property is situated in a prime location in the Lindenhurst market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,200,000
• Lender: NYCB / Flagtar
• Brokers: Matt Buggenhagen, Jason Labriola & Anthony Colicino - Meridian Capital Group
• Loan Type: Refinance
• Loan Terms: 10-year term, 30-year amortization, 6.30% rate

The loan for this property was provided by NYCB/Flagtar. Represented by Matt Buggenhagen, Jason Labriola, and Anthony Colicino from Meridian Capital Group, the refinancing transaction involved securing a loan amount of $4,200,000 with favorable terms of a 10-year term, 30-year amortization, and a 6.30% interest rate.