Prime Group Holdings Secures $156 Million Refinance Loan From Affinius Capital And 3650 Capital

1084 Rockaway Avenue, 1260 Zerega Avenue & 31 07 20th Avenue

$156,000,000

$432/SF

Building Size

361,000 SF

Asset Type

Self Storage

Closing

Aug 28, 2025

AI

The transaction involves a self-storage asset with a total square footage of 361,000, located at three addresses: 1084 Rockaway Avenue, 1260 Zerega Avenue, and 31-07 20th Avenue across the markets of Brooklyn, Bronx, and Astoria. The loan amount associated with this refinancing deal is $156,000,000.

Summary of transaction details:

Property Type: Self Storage
Transaction Amount: $156,000,000
Lender: Affinius Capital & 3650 Capital
Landlord: Prime Group Holdings
Brokers: Drew Anderman, Eddie Haber, AJ Bruno & Jared Fried - CBRE
Loan Type: Refinance
Date: 8/29/2025

The deal features key brokers Drew Anderman, Eddie Haber, AJ Bruno, and Jared Fried from CBRE, representing Prime Group Holdings in the transaction. This collaboration underscores the expertise and involvement of these professionals in facilitating the refinancing process.

Players