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Bank Purchase

$1,600,000

Warehouse — Astoria, NY

Deal Overview

Bank Purchase on a warehouse property in Astoria, NY. Loan amount $1,600,000. Terms: 6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout.

Transaction Details

Loan Amount
$1,600,000
Program
Bank Purchase
Property Type
Warehouse
Market
Astoria, NY
Structure
6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout

Key Highlights

  • $1,600,000 loan amount
  • Warehouse · Astoria, NY
  • Bank Purchase
  • 6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout

Borrower names and exact property addresses are withheld for confidentiality. Past performance is not indicative of future results. All loans subject to underwriting and collateral approval.