NYCB Provides $6.35M Refinance Loan For Mixed-Use Property In Brooklyn. Michael Helmreich & Avi Geller - Meridian Capital Group Brokers The Deal
641 President Street & 137 5th Avenue
Mixed-use
Financed 1 year ago
Summary
A mixed-use property located at 641 President Street and 137 5th Avenue in Brooklyn has undergone a refinancing transaction. The loan was provided by NYCB in the amount of $6,350,000. The terms of the loan include a 5+5-year period with an interest rate of 3.375% and an amortization period of 30 years.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $6,350,000
- Loan Type: Refinance
- Loan Terms: 5+5 years
- Loan Rate: 3.375%
- Loan Amortization: 30 years
The transaction was facilitated by brokers Michael Helmreich and Avi Geller from Meridian Capital Group, who represented the parties involved in the deal.
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4
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1
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641 President Street & 137 5th Avenue
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