FINANCED
Chase Bank Refinances Nanuet Retail Property For $12M With Landlord Abe Israel
44 Hutton Avenue
Retail
134,005 SF
134,005 SF
Summary
Loan
NEW YORK
Retail
134,005 sqft
Located in Nanuet, the retail property at 44 Hutton Avenue recently underwent a loan transaction. The property spans a total of 134,005 square feet, making it a substantial asset in the market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,000,000
- Address: 44 Hutton Avenue
- Market: Nanuet
Chase Bank, represented by J.P. Morgan, provided the loan of $12,000,000 for this deal. The loan type in this transaction was a refinance. The loan terms span over a period of 10 years, with full term interest-only payment and a non-recourse agreement.
The landlord for this property is Abe Israel. Morris Dweck, from ABS Altman Warwick, acted as the broker in this transaction, representing the parties involved and facilitating the deal.
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Details
FINANCED
IMAGE: Morris Dweck
DATE: 11/19/2021
ADDRESS: 44 Hutton Avenue
MARKET: Nanuet
ASSET TYPE: Retail ~ SF: 134,005
LENDER: Chase Bank - J.P. Morgan
LANDLORD: Abe Israel
BROKER: Morris Dweck (@MDabsaw) - ABS Altman Warwick
LOAN AMOUNT: $12,000,000
LOAN TYPE: Refinance
LOAN TERMS: 10 Years, Full term IO, non recourseView on map
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Address44 Hutton Avenue
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