240 North Broadway, Hicksville NY

February, 2018- Zeev Douek of Q10 New York Realty Advisors arranged a $1,200,000 Non-Recourse permanent loan on a 3,300 square foot single tenant retail building located in Nassau County in close proximity to the Broadway Mall. The loan was placed with a NY-based bank and was a cash-out refinance at a 4.5% fixed interest rate. “The lender was easy to work with and we were able to deliver a commitment to the borrower 23 days after receiving the signed term sheet” said Douek.