Signature Bank Provides $45.5M Loan For Astoria & Bronx Package Deal | 25-90 35th Street, 175th Street, 355 East 187th Street, 535 East Tremont Avenue, 1770-1772 East 172nd Street, 2865-2873 Webster Avenue | Signature Bank | Josh Rhine | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

A package deal in Astoria and Bronx, consisting of properties located at 25-90 35th St, 175th St, 355 E. 187th St, 535 E. Tremont Ave, 1770-1772 E. 172nd St, and 2865-2873 Webster Ave, has closed in a loan transaction.

Summary of transaction details

Property Type: Package Deal
Transaction Amount: $45,500,000
Lender: Signature Bank
Landlord: @PistilliRealty - @MiikePistilli & Joseph Pistilli
Brokers: Josh Rhine - Meridian Capital Group

Josh Rhine, representing Meridian Capital Group, facilitated the deal between the landlord, @PistilliRealty - @MiikePistilli & Joseph Pistilli, and the lender, Signature Bank.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Josh Rhine

Vice President

$9.9M Sold

Meridian Capital Group

Signature Bank

Details

Deal Summary

FINANCED

IMAGE: Joseph Pistilli, Mike Pistilli & Josh Rhine DATE: 01/04/2021 ADDRESS: 25-90 35th St, 175th St, 355 E. 187th St, 535 E. Tremont Ave, 1770-1772 E. 172nd St, 2865-2873 Webster Ave MARKET: Astoria & Bronx ASSET TYPE: Package Deal LENDER: Signature Bank LANDLORD: @PistilliRealty - @MiikePistilli & Joseph Pistilli BROKERS: Josh Rhine - Meridian Capital Group AMOUNT: $45,500,000

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Address25-90 35th Street, 175th Street, 355 East 187th Street, 535 East Tremont Avenue, 1770-1772 East 172nd Street, 2865-2873 Webster Avenue

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