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204 Paterson Plank Road
FINANCED

Sagi Ashkevits Refinances Industrial Property In Union City With $3M Loan

204 Paterson Plank Road

Industrial
18,000 SF
clock iconFinanced 1 year ago
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Summary

Loan
NEW JERSEY
Industrial
18,000 sqft

Located at 204 Paterson Plank Rd. in Union City, this industrial property spans 18,000 square feet. The asset was involved in a recent closed transaction, specifically a refinance loan.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Loan Type: Refinance
  • Loan Terms: 75% LTV, 5 years fixed rate @ 3.65%
  • Market: Union City
  • Landlord: Sagi Ashkevits
  • Broker: Daniel Taylor - Onyx Funding

Daniel Taylor from Onyx Funding represented the buyer in securing the refinance loan for this industrial property. The loan terms include a 75% loan-to-value ratio and a fixed rate of 3.65% for a period of five years.

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Daniel Taylor
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Real Estate Agent

Details

Deal Summary
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FINANCED
IMAGE: Daniel Taylor DATE: 06/30/2022 ADDRESS: 204 Paterson Plank Rd. MARKET: Union City ASSET TYPE: Industrial ~ SF: 18,000 LANDLORD: Sagi Ashkevits BROKER: Daniel Taylor - Onyx Funding (@OnyxFunding) LOAN AMOUNT: $3,000,000 LOAN TYPE: Refinance LOAN TERMS: 75% LTV, 5 years fixed rate @ 3.65%

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Address204 Paterson Plank Road

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