Flushing Bank Provides $4.57M Loan For Multifamily Property In Queens

104-35 102nd Street

MultiFamily

25,980 SF

Financed 1 year ago

Summary

Loan

NEW YORK

MultiFamily

25,980 sqft

A multifamily property located at 104-35 102nd Street in Queens has recently undergone a closed transaction. The property, situated in the Queens market, was involved in a loan deal.

Summary of Transaction Details:

Property Type: Multifamily
Transaction Amount: $4,575,000
Date: 05/05/2021
Lender: Flushing Bank
Landlord: Carmelle Bellefleur
Broker: Simon Rosenfeld - Meridian Capital Group

The loan amount for this transaction was $4,575,000. The loan terms include a 5-year duration and a fixed rate of 3.25%. The amortization period is set at 30 years.

Players

All
1

Lenders
1

Flushing Bank

Details

Deal Summary

FINANCED

IMAGE: Simon Rosenfeld DATE: 05/05/2021 ADDRESS: 104-35 102nd Street MARKET: Queens ASSET TYPE: Multifamily LENDER: Flushing Bank LANDLORD: Carmelle Bellefleur BROKER: Simon Rosenfeld (@SomonRosenfeldNYC) - Meridian Capital Group LOAN AMOUNT: $4,575,000 LOAN TERMS: $4,575,000, 5 Year, Fixed Rate of 3.25%, 30 Year Amortization

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Address104-35 102nd Street

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