Chase Bank Provides $2.85M Loan For Multifamily Property In Bay Ridge, Brooklyn | 8302 6th Avenue | J.P. Morgan Chase & Company | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

31,080 sqft

The multifamily property located at 8302 6th Avenue in Bay Ridge, Brooklyn has been involved in a recent transaction.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $2,850,000
Lender: Chase Bank
Landlord: Stavros Haviaras
Broker: Simon Rosenfeld - Meridian Capital Group

The loan for this transaction was provided by Chase Bank. The loan amount was $2,850,000 with fixed terms at a rate of 3.10%. It had a 7-year term, with the first 3 years being interest only, and a 30-year amortization schedule.

Simon Rosenfeld, representing Meridian Capital Group, acted as the broker for this transaction.

Players

All
1

Lenders
1

J.P. Morgan Chase & Company

Details

Deal Summary

FINANCED

IMAGE: Simon Rosenfeld DATE: 07/06/2021 ADDRESS: 8302 6th Avenue MARKET: Bay Ridge, Brooklyn ASSET TYPE: Multifamily LENDER: Chase Bank LANDLORD: Stavros Haviaras BROKER: Simon Rosenfeld (@SimonRosenfeldNYC) - @Meridian.Capital.Group LOAN AMOUNT: $2,850,000 LOAN TERMS: Fixed at 3.10%. 7-year term with 3 years interest only & 30-year amortization

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Address8302 6th Avenue

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