380 Eastern Parkway, Farmingdale, NY

$19 Million Construction Loan for 48-Unit Multifamily Property in Farmingdale, NY

380 Eastern Parkway, Farmingdale, NY
Commercial Space Luxury Mixed Use Residential

380 Eastern Parkway, Farmingdale, NY

place Farmingdale, NY
attach_money $19M Construction Loan
apartment 78,000 SF · 48 Units
calendar_today Construction Loan

Property Representative

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Mike Hennessy

Mike Hennessy

Vice President – Commercial Financing

Transaction Highlights

  • $19,000,000 Loan
  • Construction Loan · 2 Year Term
  • 48-Unit Multifamily · 78,000 SF

Property Notes

The property at 380 Eastern Parkway in Farmingdale is a multifamily property spanning 78,000 square feet with 48 units. Scouter Capital secured a $19,000,000 construction loan with a 2-year term. Mike Hennessy and Adam Kaplan led the transaction for Scouter Capital.