Saad Family Secures $2.45M Loan For Bronx Retail Property With Flushing Bank As Lender

The property involved in this transaction is a retail asset located at 4009-4019 White Plains and 772 East Tremont Ave in Bronx. The loan amount for this transaction was $2,450,000. The landlord/borrower is the Saad Family and the lender is Flushing Bank. The transaction was facilitated by broker Michael Chelala.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,450,000
• Address: 4009-4019 White Plains and 772 East Tremont Ave, Bronx
• Market: Bronx
• Lender: Flushing Bank
• Broker: Michael Chelala

The Saad Family, as the landlord/borrower, secured a loan of $2,450,000 from Flushing Bank to support the retail property transaction. The loan was facilitated with the assistance of broker Michael Chelala.