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542 Jerusalem Avenue, 353-355 Larkfield Road, 3524 Merrick Road, 520 Jericho Turnpike, 35-45 Merrick Road & 288-290 Sunrise Highway
FINANCED

NYCB Provides $21.5M Refinance Loan For Retail Properties In North Bellmore, East Northport, Seaford, Hempstead, Amityville, And Rockville Center - Meridian Capital Group Represents Charles Grussgott & Michael Helmreich

542 Jerusalem Avenue, 353-355 Larkfield Road, 3524 Merrick Road, 520 Jericho Turnpike, 35-45 Merrick Road & 288-290 Sunrise Highway

Retail
clock iconFinanced 1 year ago
Michael Helmreich
Charles Grussgott
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Summary

Loan
NEW YORK
Retail

A loan has been secured for a retail property located at 542 Jerusalem Avenue, 353-355 Larkfield Road, 3524 Merrick Road, 520 Jericho Turnpike, 35-45 Merrick Road & 288-290 Sunrise Highway. The property is situated in North Bellmore, East Northport, Seaford, Hempstead, Amityville, and Rockville Center.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $21,500,000

The loan was provided by NYCB for the purpose of refinancing. It is a fixed 10-year deal with a rate of 3.75%. The transaction was facilitated by Charles Grussgott and Michael Helmreich from Meridian Capital Group.

Players

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    4

  • Agents

    2

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    1

  • Lenders

    1

Michael Helmreich's profile picture
Michael Helmreich
Meridian Capital Group-image
Vice President
$24.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: Charles Grussgott & Michael Helmreich DATE: 02/08/2022 ADDRESS: 542 Jerusalem Avenue, 353-355 Larkfield Road, 3524 Merrick Road, 520 Jericho Turnpike, 35-45 Merrick Road & 288-290 Sunrise Highway MARKET: North Bellmore, East Northport, Seaford, Hempstead, Amityville, Rockville Center ASSET TYPE: Retail LENDER: NYCB BROKERS: Charles Grussgott & Michael Helmreich - Meridian Capital Group LOAN AMOUNT: $21,500,000 LOAN TYPE: Refinance LOAN RATE: fixed 10 year deal  at 3.75%

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Address542 Jerusalem Avenue, 353-355 Larkfield Road, 3524 Merrick Road, 520 Jericho Turnpike, 35-45 Merrick Road & 288-290 Sunrise Highway

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