Progress Capital Arranges $19.7M Construction Loan For Rockaway Beach Self Storage | 106-02 Rockaway Beach Boulevard | Columbia Bank | Caillin Boles, Kathy Anderson | Self Storage | Loan

Summary

Loan

NEW YORK

Self Storage

135,719 sqft

The self-storage property located at 106-02 Rockaway Beach Boulevard in Rockaway Beach, Queens has been involved in a recent loan transaction. The property spans a total area of 135,719 square feet and is owned by Dino Tomassetti, Jr. of Asset Realty & Construction Group.

Summary of transaction details:

Property Type: Self Storage
Transaction Amount: $19,725,000
Address: 106-02 Rockaway Beach Boulevard, Rockaway Beach, Queens
Market: Rockaway Beach, Queens
Lender: Columbia Bank
Landlord: Dino Tomassetti, Jr. - Asset Realty & Construction Group
Brokers: Kathy Anderson & Caillin Boles - Progress Capital
Loan Type: Construction

The loan amount for this transaction was $19,725,000 and it was provided by Columbia Bank. Kathy Anderson and Caillin Boles from Progress Capital represented the parties involved in this deal.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$15.1M Sold

$99.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Kathy Anderson & Dino Tomassetti Jr. DATE: 12/04/2023 ADDRESS: 106-02 Rockaway Beach Boulevard MARKET: Rockaway Beach, Queens ASSET TYPE: Self Storage ~ SF: 135,719 LENDER: Columbia Bank (@Columbia.Bank) LANDLORD: Dino Tomassetti, Jr. - Asset Realty & Construction Group BROKERS: Kathy Anderson (@Money.Girl.Kathy) & Caillin Boles (@CBoles21) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $19,725,000 LOAN TYPE: Construction

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Address106-02 Rockaway Beach Boulevard

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