Private Financing: Laundromat and Deli

Long Island, NY

$700,000

Description

ERG Commercial Real Estate is proud to announce the funding of a $700,000 bridge loan secured by two commercial properties on Long Island, NY, consisting of a Laundromat and a Deli. This deal was originated by ERG’s Anthony Flaccomio who was able to advise his client through the loan process and take on the challenges that come with financing these asset types. Through Anthonys’ relationship with the borrower, he was able to secure this transaction while assisting in a conventional loan on another one his clients properties. This client has an extensive portfolio of very profitable laundromats throughout the New York Metro area.

Location

AddressLong Island, NY
City NY
Zip/Postal Code
Country United States
View In Google Maps

Contact Agent

Similar Properties

ERG | favicon
Acquisition Financing

29 West Sunrise Highway Freeport, NY

ERG Commercial Real Estate

$499,999

Finance

42-36 235th Street Douglaston, NY

Pat Keogh

Mary Guarino

$550,000

Financing for Acquisition

469 South 9th Street & 138 Mount Vernon Avenue, Mount Vernon, NY

James Guarino

Matthew Murphy