Ben Ashkenazy's Ashkenazy Acquisition Refinances Cross Bronx Plaza With Voya Financial For $30M

The retail asset involved in the transaction is located at 961 East 174th Street in East Morrisania, Bronx. The asset encompasses a building size of 134,000 square feet and has a building square footage of 1,137,094. The market for this property is East Morrisania.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,000,000
• Lender: Voya Financial
• Landlord: Ben Ashkenazy - Ashkenazy Acquisition
• Loan Type: Refinance
• Date of Transaction: 05/22/2025

The transaction sees Ashkenazy Acquisition refinancing the Cross Bronx Plaza retail center through a loan arrangement facilitated by Voya Financial. This refinancing specifically pertains to the retail center located at the aforementioned address, indicating a strategic financial maneuver in the East Morrisania market.