Refinance

36 Bruce Avenue Yonkers, NY

$625,000

Description

ERG Commercial Real Estate is proud to present the recent refinancing of 36 Bruce Avenue in Yonkers. The borrower was looking for long term, self-liquidating financing on their 13-unit multi-family building. ERG was able to get the client a 4% fixed rate loan for a 15 year term with a 15 year amortization schedule, ensuring there was no balloon payment at the end of the loan. Despite the recent COVID-19 Pandemic, we were able to close the deal remotely while navigating new lending guidelines.

Location

Address36 Bruce Avenue Yonkers, NY
City NY
Zip/Postal Code
Country United States
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Contact Agent

ERG Commercial Real Estate

212-807-6640

info@ergcre.com

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ERG Commercial Real Estate