Valley National Bank Provides $4.4M Construction Loan For Mixed-Use Property In Washington Heights - Brad Domenico & John Libretti Represent The Borrower

537 Edgecombe Avenue

Mixed-use

10,691 SF

Summary

Loan

NEW YORK

Mixed-use

10,691 sqft

A $4,400,000 loan was secured for a mixed-use property located at 537 Edgecombe Ave in Washington Heights. The loan was provided by Valley National Bank and comes with 24-month interest only construction loan terms.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $4,400,000
Address: 537 Edgecombe Ave
Market: Washington Heights

The loan transaction was facilitated by Brad Domenico and John Libretti of Progress Capital, who acted as the brokers in the deal.

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Players

All
4

Agents
2
Agencies
1
Lenders
1

$735.9M Sold

$3M Sold

Details

Deal Summary

FINANCED

IMAGE: @JohnLibretti & Brad Domenico DATE: 03/26/2021 ADDRESS: 537 Edgecombe Ave. MARKET: Washington Heights ASSET TYPE: Mixed-use LENDER: Valley National Bank BROKERS: Brad Domenico (@Domenico317) & @JohnLibretti - Progress Capital LOAN AMOUNT: $4,400,000 LOAN TERMS: 24 month interest only construction loan

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Address537 Edgecombe Avenue

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