Kearny Bank Provides $5.2M Loan For Multifamily Property At 22 Pearsall Ave. In Freeport

Located at 22 Pearsall Ave. in Freeport, this multifamily property was involved in a recent closed transaction. The property is owned by Daniel Goldstein and Aron Goldstein, who represent @BOSFAProperties. The transaction was facilitated by the broker Sevenstone Capital. The loan amount for this transaction was $5,200,000, provided by Kearny Bank. The loan terms include a 10-year term at a fixed interest rate of 3.25% with a 2-year interest-only period.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,200,000
• Address: 22 Pearsall Ave., Freeport
• Market: Freeport
• Lender: Kearny Bank
• Landlord: @BOSFAProperties - Daniel Goldstein & Aron Goldstein
• Broker: Sevenstone Capital
• Loan Terms: 10-year term at 3.25% interest rate with 2 years interest-only

In this deal, Daniel Goldstein and Aron Goldstein of @BOSFAProperties served as the landlords, owning the multifamily property located at 22 Pearsall Ave. Sevenstone Capital acted as the broker in this transaction. Kearny Bank provided the loan amount of $5,200,000 with a 10-year loan term at a fixed interest rate of 3.25% and a 2-year interest-only period.