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, North Bellmore, New York 11566, United States

$21,500,000

Building Size

—

Asset Type

Retail

Closing

Feb 7, 2022

AI

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.

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