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Marcus & Millichap Capital Corp Arranges $17.25M Loan For Mixed-Use Property In Linden, NJ

1120 East Saint Georges Avenue
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This Mixed-use property located in NJ received a loan of $17,250,000 almost 4 years ago. The broker of the deal was Joseph Belgiovine

1120 East Saint Georges Ave in Linden, NJ has been the subject of a recent closed transaction. This mixed-use property, located in the market of Linden, NJ, has garnered attention due to its attractive features and potential for various uses.

Summary of transaction details:

  • Property Type: Mixed-use
  • Loan Amount: $17,250,000
  • Units: 113

Joseph Belgiovine from Marcus & Millichap Capital Corp played a significant role in this transaction as the broker representing the involved parties. With their expertise and guidance, the deal for 1120 East Saint Georges Ave was successfully closed.

This transaction highlights the value and potential of the mixed-use property market in Linden, NJ. The loan amount of $17,250,000 demonstrates the confidence in the property's potential for generating revenue. With 113 units available, the property offers ample opportunities for various types of tenants and businesses.

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Deals
  • Location
    1120 East Saint Georges Avenue, Linden, NJ 07036, USA1120 East Saint Georges Avenue, Linden, NJ 07036, USA
  • Loan Value
    $17,250,000$17,250,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Joseph Belgiovine

Joseph Belgiovine

Deals5
Financed$41.3M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

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Deal Summary

LOAN IMAGE: Joseph Belgiovine DATE: 06/04/2021 ADDRESS: 1120 East Saint Georges Ave MARKET: Linden, NJ ASSET TYPE: Mixed-use BROKER: Joseph Belgiovine - Marcus & Millichap Capital Corp LOAN AMOUNT: $17,250,000 UNITS: 113

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1120 East Saint Georges Avenue

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