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Flushing Bank Provides $3 Million Refinance Loan For Mixed-Use Property In Huntington

110 New York Avenue
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This Mixed-use property located in NY received a loan of $3,000,000 over 1 year ago. The brokers of the deal were Matt Buggenhagen and Jason Labriola

The mixed-use property located at 110 New York Avenue in Huntington has been involved in a recent closed transaction. The property spans a total of 16,042 square feet and is situated in the market of Huntington.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,000,000
  • Date: 07/13/2022
  • Address: 110 New York Avenue, Huntington
  • Market: Huntington
  • Asset Type: Mixed-use
  • Square Footage: 16,042

The loan for this transaction was provided by Flushing Bank. Matt Buggenhagen and Jason Labriola of Meridian Capital Group served as the brokers in this transaction.

The loan amount for this transaction was $3,000,000. It was a refinancing loan with a 14-year term. The loan terms included a 1-year interest-only period.

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  • Location
    110 New York Avenue110 New York Avenue
  • Loan Value
    $3,000,000$3,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Jason Labriola

Jason Labriola

Deals31
Financed$173.7M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2403
Volume$65.9B

Flushing Bank

Flushing Bank

Lender
Deals28
Volume$ 9.6B

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Deal Summary

LOAN IMAGE: Matt Buggenhagen & Jason Labriola DATE: 07/13/2022 ADDRESS: 110 New York Avenue MARKET: Huntington ASSET TYPE: Mixed-use ~ SF: 16,042 LENDER: Flushing Bank BROKERS: Matt Buggenhagen (@MBuggen2) & Jason Labriola (@JLabriola82) - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $3,000,000 LOAN TYPE: Refinance LOAN TERMS: 14-year term, 1-year Interest Only

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