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ConnectOne Bank Provides $1.04M Loan For Multifamily Property On Sherman Ave, Bronx

1180 Sherman Avenue
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This MultiFamily property located in NY received a loan of $1,040,000 almost 5 years ago. The broker of the deal was Adrian Edery

Located at 1180 Sherman Ave in the Bronx, this multifamily property was involved in a closed transaction. The property was owned by Rena Wasser, who is associated with MW Real Estate Partners and Duna LLC. The deal was facilitated by Adrian Edery from Paradigm Commercial Real Estate. The transaction involved a loan amount of $1,040,000 provided by ConnectOne Bank.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Address: 1180 Sherman Ave
  • Market: Bronx
  • Lender: ConnectOne Bank
  • Landlord: Rena Wasser - MW Real Estate Partners - Duna LLC
  • Broker: Adrian Edery - Paradigm Commercial Real Estate

The deal was successfully facilitated by Adrian Edery from Paradigm Commercial Real Estate, representing Rena Wasser as the landlord of the property. ConnectOne Bank provided a loan amount of $1,040,000 to complete the transaction.

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Deals
  • Location
    1180 Sherman Ave, The Bronx, NY 10456, USA1180 Sherman Ave, The Bronx, NY 10456, USA
  • Loan Value
    $1,040,000$1,040,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

Adrian Edery

Adrian Edery

Deals22
Financed$282.9M

Agency

Paradigm Commercial Real Estate

Paradigm Commercial Real Estate

Agency
Deals33
Volume$390.7M

ConnectOne Bank

ConnectOne Bank

Lender
Deals18
Volume$ 219.9B

Deal Summary

IMAGE: Adrian Edery and Rena Wasser DATE: 05/22/2019 ADDRESS: 1180 Sherman Ave MARKET: Bronx ASSET TYPE: Multifamily LENDER: ConnectOne Bank LANDLORD: Rena Wasser – MW Real Estate Partners – Duna LLC BROKER: Adrian Edery – Paradigm Commercial Real Estate LOAN AMOUNT: $1,040,000

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1180 Sherman Avenue

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