Bank Of America Provides $11.35M Loan For Howard Beach Property

The property located at 82-17 153rd Avenue in Howard Beach has been involved in a closed transaction. The deal was facilitated by MERIDIAN CAPITAL GROUP and the brokers involved were Bryan Geffen and Meyer Ovadia. The property is a commercial asset with a total area of 60,000 square feet. The transaction involved a loan amount of $11,350,000 provided by Bank of America - Merrill Lynch. The property is owned by Cathy Napolitano and Tahoe Development.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $11,350,000
• Address: 82-17 153rd Avenue, Howard Beach
• Market: Howard Beach
• Lender: Bank of America - Merrill Lynch
• Landlord: Cathy Napolitano and Tahoe Development
• Brokers: Bryan Geffen and Meyer Ovadia - MERIDIAN CAPITAL GROUP
• Square Footage: 60,000

Bryan Geffen and Meyer Ovadia from MERIDIAN CAPITAL GROUP played a crucial role in representing the parties involved in this transaction. They effectively facilitated the deal between the buyer, seller, landlord, and tenant, ensuring a successful outcome for all parties.