PROGRESS CAPITAL | Irvington, NJ – $2,100,000
19045
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Irvington, NJ – $2,100,000

Category
Multi-Family
About This Project

$2.1 Million Secured for Multifamily Property in Irvington, NJ

 

Irvington, NJ – Brad Domenico arranged $2,100,000 in financing for a valued client to acquire a multifamily property located at 999 Stuyvesant Avenue in Irvington, NJ.

 

This apartment community was built in 1927 and consists of 4 stories and 32 units. It has since been updated so that residents can experience a stylish living setting within Irvington’s 07111 area. The location is within walking distance of supermarkets, restaurants and more.

 

Irvington presents an active and bustling community in a diverse setting. The neighborhood houses a great number of community-oriented businesses, including pubs and independently owned specialty shops. Although a dominantly urban atmosphere, Irvington still provides plenty of excitement and outlets for adventure with its close proximity to several neighboring towns, including Newark. Irvington lies about 66 miles north of the center of New Jersey.

 

Brad worked with Red Capital to negotiate an 80% LTV with 2 Years Interest-Only.

 

Progress Capital is a leading Commercial Mortgage Banking firm specializing in arranging debt for commercial real estate owners and developers. Since 1990, Progress has successfully closed in excess of $40 Billion in commercial loans and directly funded over $150 Million…we will get you to the closing table … plain and simple  – #thatsPROGRESS