Bluestone Group Secures $8.5M Refinance Loan For Specialty Building In Longwood, Bronx | 609 Jackson Avenue | Tristate Capital Bank | Special Purpose | Loan

Summary

Loan

NEW YORK

Special Purpose

33,250 sqft

Bluestone Group has secured an $8.5 million refinancing loan for a specialty building located at 609 Jackson Avenue in Longwood, Bronx. The loan was provided by TriState Capital Bank. The transaction closed on May 31, 2023. The property encompasses 33,250 square feet of built space.

Summary of transaction details:

Property Type: Specialty
Transaction Amount: $8,500,000
Market: Longwood, Bronx
Address: 609 Jackson Avenue
Lender: TriState Capital Bank - Robert Gambitsky
Landlord: Bluestone Group - Elimelech Tabak & Robert Gambitsky

Bluestone Group, represented by Elimelech Tabak and Robert Gambitsky, successfully secured an $8.5 million refinancing loan from TriState Capital Bank for their specialty building located at 609 Jackson Avenue in Longwood, Bronx. The loan transaction closed on May 31, 2023, providing the necessary funding for the property, which spans 33,250 square feet.

Players

All
1

Lenders
1

Tristate Capital Bank

Details

Deal Summary

FINANCED

IMAGE: Elimelech Tabak DATE: 05/31/2023 ADDRESS: 609 Jackson Avenue MARKET: Longwood, Bronx ASSET TYPE: Specialty ~ SF: 33,250 LENDER: TriState Capital Bank - Robert Gambitsky LANDLORD: Bluestone Group (@TheBluestoneGroup) - Elimelech Tabak & Robert Gambitsky LOAN AMOUNT: $8,500,000 LOAN TYPE: Refinance NOTE: Bluestone Group secured an $8.5 million refinancing loan from TriState Capital Bank for a specialty building located at 609 Jackson Avenue in Longwood, Bronx. The transaction closed on May 31, 2023, and the property encompasses 33,250 square feet of built space.

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Address609 Jackson Avenue

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